Equity and Prefunding Refund Update

Discussion in 'American Airlines' started by AANOTOK, May 20, 2014.


  1. NYer

    NYer Veteran

    Joined:
    Jun 4, 2010
    Messages:
    1,867
    Likes Received:
    749
    #1081 NYer, Jan 4, 2017
    Last edited: Jan 5, 2017
    It takes time because they hear multiple cases over a few days. After they hear the cases they need to render a decision on whether they agree with the lower court decision to dismiss the case. In doing so, they have to write a decision that takes prior decisions into consideration as this case can be used as a basis or argument for future cases.

    Their website clearly states their decisions can take from 3 to 12 months. We can't read into the time it may take to get a decision and guess if it will in our favor or not. Our case is just another folder on their desk and although the decision may be easy we don't know when our case is being considered as compared to the dozens of other cases they may be considering at the same time.
     
    • Like Like x 1
  2. OldGuy@AA

    OldGuy@AA Veteran

    Joined:
    Apr 14, 2011
    Messages:
    1,499
    Likes Received:
    2,258
    Yeah that makes sense. Thank you NYer. I guess there is more going on than our case.
     
  3. AANOTOK

    AANOTOK Veteran

    Joined:
    Oct 10, 2009
    Messages:
    2,852
    Likes Received:
    2,228
    #1083 AANOTOK, Jan 4, 2017
    Last edited: Jan 4, 2017
    I understand what you're saying NYer, but in looking at other cases some took a matter of days/weeks and others have taken a lot longer. Again, some that were presented way before ours have no decision and other presented after ours are ruled on. Having said that NYer, mine was simply an opinion being formed, an opinion that might differ from yours and an opinion that won't land me in jail for being wrong. I too can swallow crow. Although not easy, I can do it when necessary.
     
    • Like Like x 1
  4. NYer

    NYer Veteran

    Joined:
    Jun 4, 2010
    Messages:
    1,867
    Likes Received:
    749
    The point being that time doesn't necessarily mean the case is falling to one side or another. Our case was heard on December 13th and there were holidays in the mix. It could turn out that we get a decision today or we may just fall into their stated timeline of 3 to 12 months.

    The other cases that may have been decided before ours could just be case of that appeal not being in the correct court or a procedural situation that didn't need any type of background or it may have been a case which has found it's way back to the same Court which could mean the heavy lifting was already done.

    There is no way to gauge all the variables in order to make a case for a probable positive outcome or a negative outcome.
     
  5. Buck

    Buck Contributor

    Joined:
    Aug 20, 2002
    Messages:
    6,162
    Likes Received:
    1,397
    Does anyone have any further information on the new shares announced by the TWU International?
     
  6. WeAAsles

    WeAAsles Veteran

    Joined:
    Oct 20, 2007
    Messages:
    9,684
    Likes Received:
    4,560

    It's going to still be awhile before we know anything on that Buck. We still have to wait for all of the Bankruptcy issues have been concluded before we get an idea on what's left in the disputed claims reserve.
     

Share This Page



Search tags for this page

american airlines prefunding match update

,

content

,

thoughts on american airlines returning retirees company medical prefunding payments to mechanics