BoeingBoy
Veteran
- Nov 9, 2003
- 16,512
- 5,865
- Banned
- #39,526
Gone 8 hours and come back to the usual MM nonsense. Here's a clue MM (wouldn't want you to be without one) - any merger with AA will either be coincidental with AA's exit from bankruptcy (ref. US/HP, Republic/F9) or on AA's terms after it emerges from bankruptcy. Your dream of a merger while AA is in bankruptcy is just that - a delusional dream. "Why can't I ever be right" I suspect you're thinking and it's simple. The last step of bankruptcy prior to exit is approval of the POR by the creditors (no, wrong again - not just the UCC). Whether that POR calls for a merger with US or not, the next step is bankruptcy exit. No time for your dream of merging while AA is in bankruptcy.
Really MM...the COC again. You got so much out of it in the last merger...oops, no you didn't did you??? While slightly inconvenient, Parker is perfectly capable of evading the CoC and denying AA's top management and huge payday if he's able to get his POR approved. A small paragraph in that POR saying that AA execs won't get any stock in the new company is all it takes. The only inconvenience is that US would need to be the surviving company so the day after the merger officially happens Parker changes the name of the holding company from US Airways Group to AMR - the CoC isn't worth the paper it written on...
Zone and MM:
You're both wrong about being able to tie anything up for 7 years. What's your plan if USAPA appeals to the 9th and they decline to hear the case? File a writ with SCOTUS? And if they refuse to hear the case? You could be done a few months after Silver rules... Just look at the last trip to the 9th - 2 months from filing to ruling. Another 2-3 months for SCOTUS. You both forgot a small detail - you have to get a hearing to drag it out longer. Since the DJ is basically a contract law case and the 9th would rule on points of law, they would most likely not even hear the case.
Jim
Really MM...the COC again. You got so much out of it in the last merger...oops, no you didn't did you??? While slightly inconvenient, Parker is perfectly capable of evading the CoC and denying AA's top management and huge payday if he's able to get his POR approved. A small paragraph in that POR saying that AA execs won't get any stock in the new company is all it takes. The only inconvenience is that US would need to be the surviving company so the day after the merger officially happens Parker changes the name of the holding company from US Airways Group to AMR - the CoC isn't worth the paper it written on...
Zone and MM:
You're both wrong about being able to tie anything up for 7 years. What's your plan if USAPA appeals to the 9th and they decline to hear the case? File a writ with SCOTUS? And if they refuse to hear the case? You could be done a few months after Silver rules... Just look at the last trip to the 9th - 2 months from filing to ruling. Another 2-3 months for SCOTUS. You both forgot a small detail - you have to get a hearing to drag it out longer. Since the DJ is basically a contract law case and the 9th would rule on points of law, they would most likely not even hear the case.
Jim