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Air Line Bankruptcy Lawsuit


BCI Aircraft Leasing agrees to pay $600,000 settlement related to Delta Air Lines bankruptcy claims.


Air Line Bankruptcy,

Tucson, AZ: (Dec-13-07) Global Aircraft Solutions Inc., a Tucson based company, brought charges against BCI Aircraft Leasing, the managing partner of the JetGlobal Joint Venture, over its stake in a Delta Air Lines bankruptcy claim. Sources close to the case stated that the company's interest in JetGlobal's Delta bankruptcy claim is a result of a settlement agreement announced between BCI, JetGlobal and Global on April 20, 2007. Records show that in September 2007 Global, the parent of aircraft maintenance provider Hamilton Aerospace Technologies, said it acquired an additional 20% interest in Global Aircraft Leasing Partners, bringing its total stake in the aircraft leasing venture to 40%. As part of the settlement agreement reached, BCI Aircraft Leasing agreed to pay out Global's 18% interest in four monthly payments of $150,000 each, resolving the dispute. [ARIZONA DAILY STAR: AIRLINE BANKRUPTCY]


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 is===1

How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...

Protection from damages from Internet advertising fraud for owners of an Incorporated company?
The "corporate veil" that ordinarily protects business owners and managers from ...

Does a Chapter 7 bankruptcy discharge a secured mortgage loan?
Yes if you file they cannot sue you to the knowledge I know. My brother is in re...

Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...

I have a collection account on my credit report which states a later "account opened" date than the original creditor's default date on the very same report. What should I do? Do not want to file for bankruptcy.
You might consider contesting the account problem in question. If you call the c...


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