In re AMR: Second Circuit Affirms Rejection of Make-whole Claim for Repayment of Accelerated Debt | Practical Law
On September 12, 2013, the US Court of Appeals for the Second Circuit, in US Bank Trust National Ass'n v. American Airlines, Inc. (In re AMR Corp.), affirmed the US Bankruptcy Court for the Southern District of New York's rejection of payment of a make-whole premium following acceleration and maturity based on the plain language of the indentures.