On October 21, 2013, the Bankruptcy Court entered an order confirming the Debtors' Fourth Amended Joint Chapter 11 Plan. On December 9, 2013, the Effective Date of the Plan occurred and the Debtors emerged from bankruptcy as American Airlines Group, Inc. While the Debtors have emerged from bankruptcy, the chapter 11 cases will remain open for a period of time. During this time, the Bankruptcy Court will adjudicate disputed claims against the Debtors and oversee the administration of the Plan.
On October 21, 2013, the Bankruptcy Court entered an order (the “Confirmation Order”) (Docket Nos. 10361, 10367) confirming the Debtors’ Fourth Amended Joint Chapter 11 Plan (the “Plan”). To see a copy of the Confirmation Order, please click here. The Bankruptcy Court also issued a separate memorandum opinion dated September 13, 2013 addressing certain issues relating to the Plan. For a copy of that opinion, please click here.
On December 9, 2013, the Debtors merged with US Airways Group and substantially consummated their plan of reorganization emerging from bankruptcy as American Airlines Group, Inc.
For information on distributions to creditors and stockholders under the Debtors' Plan and related tax forms, please click here.
For the Debtors' latest press releases, please click here.
An unofficial version of the docket in these chapter 11 cases can be accessed by the public without cost by clicking the "Docket" link at the top of this page. The Debtors' claims agent, GCG, Inc., also maintains an unofficial version of the docket on its website here. The official docket is maintained on the Bankruptcy Court's CM/ECF system and can be accessed through the PACER service.
Allied Pilots Association
14600 Trinity Boulevard - Suite 500
Fort Worth, Texas 76155
Association of Professional Flight Attendants
1004 West Euless Blvd.
Euless, Texas 76040
Hewlett-Packard Enterprise Services, LLC
5400 Legacy Drive
Plano, Texas 75024
Manufacturers and Traders Trust Company
25 South Charles Street – 11th Floor
Baltimore, Maryland 21201
Transport Workers Union of America - AFL-CIO
1791 Hurstview Drive
Hurst, Texas 76054
Counsel to the Official Post-Effective Date Committee
Skadden, Arps, Slate, Meagher & Flom LLP
Four Time Square
New York, NY 10036
Skadden, Arps, Slate, Meagher & Flom LLP
155 North Wacker Drive
Chicago, IL 60606
Co-Counsel to the Official Post-Effective Date Committee
Togut, Segal & Segal LLP
One Penn Plaza, Suite 3335
New York, NY 10119
Counsel to the Debtors
Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, NY 10153
Counsel to the Retiree Committee
Jenner & Block LLP
353 North Clark Street
Chicago, IL 60654-3456
Jenner & Block LLP
919 Third Avenue, 37th Floor
New York, NY 10022-3908
United States Bankruptcy Court, Southern District of New York
The Honorable Sean H. Lane
Judge's Chambers: Room 701
One Bowling Green
New York, NY 10004
William K. Harrington
United States Trustee
U.S. Federal Office Building
201 Varick Street, Suite 1006
New York, NY 10014
The Office of the United States Trustee is a branch of the Department of Justice. Its duties include, among others, monitoring the chapter 11 cases, monitoring the debtor-in-possession's operation of the business, ensuring that each debtor properly files its schedules, statements, and reports, reviewing applications for compensation and reimbursement of professionals, and monitoring for abuse and other illicit behavior by debtors, creditors, or other parties participating in the cases. The United States Trustee conducts a meeting of creditors, referred to as the "Section 341" meeting. At the inception of the case, the United States Trustee appoints a committee to represent general unsecured creditors.
On December 5, 2011, the United States Trustee appointed an official committee of unsecured creditors (the "Committee") to represent the general unsecured creditors in the chapter 11 cases of AMR Corporation and its affiliate debtors. Click here for a list of the Committee members. The United States Trustee's selection of members is generally based upon the size of the members' claims as listed by the debtors on their petition for relief and, occasionally, on the United States Trustee's desire to appoint members from multiple constituencies (e.g. vendors, customers, unions, etc.).
The Committee serves as a monitor of the Debtors' activities and an advisor to its creditor constituents. The Committee's role in the chapter 11 process is multifaceted and includes, among other responsibilities, analyzing and reviewing information about the Debtors, monitoring the Debtors' activities and financial condition, and participating in the development and negotiation of a chapter 11 plan. The Committee is authorized to hire counsel and financial advisors to assist it in fulfilling its duties. It is important to note that counsel to the Committee does not represent individual unsecured creditors.
The Plan provides that the Committee will dissolve 180 days after the Effective Date. During this 180 day period, the Committee (which is now known as the AAL Official Post-Effective Date Committee) will undertake limited functions specified in the Plan, including participating in court hearings, seeking to enforce the confirmation order, pursuing objections to claims, and participating in litigation in which the Committee was engaged prior to the Effective Date.
Holders of allowed claims against the Debtors will receive the treatment specified in the Plan. The Plan and the Confirmation Order enjoin creditors from seeking to prosecute or enforce claims or causes of action against the Debtors (or current and former employees, agents, officers, directors, principals, and affiliates of the Debtors). This is true whether or not the a creditor filed a proof of claim in the chapter 11 cases or is entitled to a distribution under the Plan. Section 101(5) of the Bankruptcy Code defines a "claim" as the (A) right to payment whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured, or (B) the right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, continent, matured, unmatured, disputed, undisputed, secured or unsecured. 11 U.S.C. § 101(5). Any party considering taking legal or other action against the Debtors and other related parties protected by the Plan, or who is uncertain whether its claim or cause of action is subject to the injunctions set forth in the Plan or Confirmation Order, is strongly urged to review the Plan and Confirmation Order carefully and seek legal advice. This website does not provide legal advice; parties should not rely on this website as a substitute for the definitive documents filed in the chapter 11 cases, including the Plan and Confirmation Order.
Under chapter 11 of the Bankruptcy Code, a debtor has the right to formulate a plan of reorganization setting forth, among other things, how the debtor intends to pay its creditors. The plan of reorganization is filed with the bankruptcy court, along with a disclosure statement. (The disclosure statement describes the plan and the business affairs to the debtor , thus enabling creditors and stockholders to cast an informed vote on the plan.) The Debtors proposed their plan of reorganization and accompanying disclosure statement in this case on April 15, 2013. On June 7, 2013, the Bankruptcy Court approved the disclosure statement and the Debtors submitted their Plan to applicable creditors and stockholders for their vote. Creditors and stockholders vote in favor of the Plan and, on October 21, 2013, the Bankruptcy Court entered a confirmation order confirming the Plan. As noted above, the Effective Date of the Plan occurred on December 9, 2013.
The Debtors are now in the process of making distributions to creditors and stockholders as specified in the Plan. In general, unsecured creditors will receive stock in American Airlines Group, Inc. in exchange for their claims. For more information regarding distributions under the Plan, please click here.
The staff of Epiq Bankruptcy Solutions is not permitted to give legal advice. Moreover, since counsel to the Committee does not represent each unsecured creditor individually, it would not be appropriate for the Committee's counsel to provide legal advice to each individual creditor.
By order, dated January 27, 2012 (the “NOL Order”), the United States Bankruptcy Court for the Southern District of New York approved certain restrictions and procedures applicable to transfers of certain claims against the Debtors. The purpose of the NOL Order is to protect the potential value of the Debtors' consolidated net operating tax loss carryforwards and certain other tax attributes following an emergence from bankruptcy [Docket #890]. On April 11, 2013, the bankruptcy court entered an amended NOL Order (Docket No. 7591). Pursuant to section 10.4 of the Plan, the amended NOL order remains in effect beyond the Effective Date.
THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS (THE "COMMITTEE") MAKES NO RECOMMENDATION AS TO (A) WHETHER ANY CREDITOR SHOULD BUY OR SELL ANY CLAIM (B) WHICH CLAIMS BUYER YOU SHOULD SELL YOUR CLAIM TO, OR (C) THE REASONABLENESS OF ANY PRICE BEING OFFERED FOR YOUR CLAIM.
If you received notice that you sold your claim and you do not believe that you sold your claim, you should contact your attorney immediately. You should also immediately file an objection with the Bankruptcy Court (see Bankruptcy Court's address here) and serve such objection on, among others, parties in interest, counsel to the Official Committee of Unsecured Creditors in accordance with the procedures approved by the Bankruptcy Court.
March 22, 2012 at 4:00 p.m. (Eastern Time) at 80 Broad Street, 4th Floor, New York, NY 10004
A deadline for filing proofs of claim was established by the Bankruptcy Court as, and expired on, July 16, 2012 at 5:00 p.m. (Prevailing Eastern Time). Completed forms can be sent to the following addresses:
A deadline on filing proofs of claim was established by the Bankruptcy Court as, and expired on, July 16, 2012 at 5:00 p.m. (Prevailing Eastern Time). Completed forms can be sent to the following addresses:
|Debtors' Press Releases:||www.hub.aa.com/en/nr/pressrelease/2013|
|Debtors' Restructuring Website:||www.aa.com/restructuring|
|Debtors' Claims Agent Website:||www.amrcaseinfo.com|
|U.S. Trustee's Website:||www.usdoj.gov/ust/r02|
|Bankruptcy Court's Website:||www.nysb.uscourts.gov|
|American Airlines Investor Relations Page:||http://phx.corporate-ir.net/phoenix.zhtml?c=117098&p=irol-IRHome|