Retired Delta pilots will get a larger voice in Delta Air Lines' Chapter 11 restructuring, a judge said Monday in a ruling that could complicate the airline's bankruptcy proceedings. The judge said the retired pilots, who had no representation on a previously appointed retiree committee, deserved under law to have an official say in how Delta would restructure in bankruptcy -- and how that could affect their retirement benefits.
February 08, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Retired Delta pilots will get a larger voice in Delta Air Lines Inc.’s Chapter 11 restructuring, a bankruptcy court judge said Monday in a ruling that could complicate the airline’s bankruptcy proceedings.
U.S. Bankruptcy Judge Adlai Hardin said the retired pilots, who had no representation on a previously appointed retiree committee, deserved under law to have an official say in how Delta would restructure in bankruptcy — and how that could affect their retirement benefits.
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