AMR Avoids Make-Whole Pay On Secured Notes In 2nd Circ.

AMR Avoids Make-Whole Pay On Secured Notes In 2nd Circ.

The Second Circuit on Thursday held that AMR Corp. did not obligate itself to pay an additional premium to noteholders when it opted to redeem certain bonds before they matured to secure $1.5 billion in aircraft financing. ...read more

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