CNN In the Money

[eolesen]

From a technicality standpoint, yes, DL is the only entity who can present a POR to the bankrupty court. That said, there's nothing I'm aware of that prevents Parker from winning this battle in the court of public opinion before DL gets their plan together.

Parker's team has beaten the odds with US and HP, so they've got a lot of support in the financial world at the moment. If Parker can take some of that momentum and sway enough of the big creditors on the committee, then they effectively bypass DL's attempts at maintaining exclusivity.

At the very least, Doug Parker has helped the unsecured creditors in this filing get more of a settlement. We've received several offers to buy our claim for 30c to 34c on the dollar, which is about twice what I expected.

 

[Charlie_Tuna]

From a technicality standpoint, yes, DL is the only entity who can present a POR to the bankrupty court. That said, there's nothing I'm aware of that prevents Parker from winning this battle in the court of public opinion before DL gets their plan together.

Yes thats true but from a reality standpoint if that happened and Delta presented a Parker/Delta POR to the bankrupty court then that IS the first POR. Delta's working on a ever evolving POR now but there hasn't been one presented yet as far as I know. Everthing is subject to change and maybe I am wrong about this.