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Judge denies appeal that would have stalled US Airways, American merger

Dec. 5, 2013 at 11:47 AM   |   Comments

NEW YORK, Dec. 5 (UPI) -- A bankruptcy judge in New York had denied an appeal that sought to delay the merger between American Airlines and US Airways.

U.S. Bankruptcy Judge Sean Lane said in a short statement that the reasons for the denial were listed in a 32-page opinion dated Nov. 27.

"For those same reasons, the plaintiffs' motion seeking a stay pending appeal is denied," Lane wrote.

The motion was filed by attorney Joseph Alioto on behalf of 40 clients, the Dallas Morning News reported Thursday.

Alioto argued that a delay would do no harm, but the merger would create "irreparable damage" to his clients.

At a Nov. 27 hearing, the airlines disagreed, stating a delay in the merger would be irreparably harmful to them.

Barring any unforeseen surprises, there will be a new airline by Monday morning called American Airlines Group.

The merged company is expected to be listed on the Nasdaq exchange Monday morning, the News said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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