U.S. Government Objects To Southern Air Holdings Plan Of Chapter 11 Reorganization

NEW YORK - The U.S. government on March 6 filed a brief in the U.S. Bankruptcy Court for the District of Delaware contending that the Chapter 11 reorganization plan of bankrupt Southern Air Holdings Inc. should be denied based on its treatment of administrative and subordinated claims against the bankruptcy estate (In Re: Southern Air Holdings Inc., No. 12-12690, Chapter 11, D. Del. Bkcy.).

Access this news story on lexis.com®