Having just had a “chat” with Airbubba re are Delta and NWA actually bankrupt or not on another thread I found this link on
http://www.law.cornell.edu/topics/bankruptcy.html. which is the US Bankruptcy law (Title 11) – there’s probably other links this is just the one I found.
OK – I probably should have read this thread before “chatting” to Airbubba – cause he was right and I was wrong – but I’ve been wrong before and will again – hopefully not about the same topic though.
Happy reading to anyone else sad enough to actually read through the link.