NEW YORK (AP) -- A federal judge signaled Thursday that he is leaning toward approving American Airlines' emergence from bankruptcy protection but wanted more time to reflect.
"I'm finding the arguments in favor of confirmation fairly persuasive," Judge Sean H. Lane said from the bench. He could sign off on American's restructuring plan at the next hearing on Sept. 12 or in a written decision prior.
http://finance.yahoo.com/news/judge-likely-approve-amr-bankruptcy-163239175.html
"I'm finding the arguments in favor of confirmation fairly persuasive," Judge Sean H. Lane said from the bench. He could sign off on American's restructuring plan at the next hearing on Sept. 12 or in a written decision prior.
http://finance.yahoo.com/news/judge-likely-approve-amr-bankruptcy-163239175.html
