In Re: United Air Lines, Inc., Debtor. United Air Lines, Inc. v. Hsbc Bank USA as Paying Agent, and City and County of Denver
Court of Appeals for the Seventh Circuit
1Opinion of the Court
MANION, Circuit Judge.
In 1992, to operate at the then-new Denver International Airport, United Air Lines, Inc., entered an agreement entitled the “Special Facilities and Ground Lease” with the City and County of Denver (collectively “Denver”). Through this agreement, United leased ground space and also certain, to-be-built facilities at the airport. Instead of building the facilities at issue itself, Denver agreed to have United build the facilities that United would be using. To fund this construction by United, Denver issued tax-exempt municipal bonds, raising $261,415,000 for the project.…
2Cases cited23 opinions
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