A bankruptcy judge on Friday approved UAL Corp.’s disclosure statement, keeping the parent of United Air Lines Inc. on pace to emerge from Chapter 11 protection in early 2006.

The plan was approved by Judge Eugene R. Wedoff of the U.S. Bankruptcy Court for the Northern District of Illinois despite several objections filed in the weeks leading up to the hearing. Among the balking creditors was the Pension Benefit Guaranty Corp., the federal agency that has had to assume United’s terminated pensions.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]