Corregidme si me equivoco, pero creo que el tribunal que hace el seguimiento del chapter 11 ya se pronunció al respecto y creo que en buena medida se han preservado los derechos de los accionistas actuales ante cualquier eventualidad como la comentada. De hecho, si no fuera así, dudo que se hubiera movido la brutalidad de acciones que se movieron ayer con paquetes de compra bestiales
Estoy de acuerdo contigo, hasta donde yo sé creo que no tendremos problema.
Os copio esta noticia de hace 3 h.
Judge approves sale of American Airlines' $23 million London townhouse
The London townhouse was used for corporate functions and to house executives doing international business.
Posted: Thursday, January 10, 2013, 3:01 AM
Lawyers for bankrupt American Airlines asked a federal judge for permission to sell a nearly $23 million London townhouse that company employees see as a symbol of executive power and indulgence.
The five-bedroom house, a short distance from Kensington Palace, where Prince William and Kate Middleton live, has a cash buyer willing to pay 14.2 million pounds, according to a court filing by AMR Corp.
U.S. Bankruptcy Judge Sean Lane approved the sale Wednesday to CG Property Nominees Ltd. of London.
American bought the house, in one of London's swankiest neighborhoods, in the early 1990s, "when property values were lower," said Sean Collins, a spokesman for the airline.
It has been used as a residence for executives "responsible for American's international operations and for corporate functions," he said.
The current chairman and chief executive officer, Tom Horton, stayed in the house when he was vice president of American's Europe operation, based in London.
The townhouse, at 16 Cottesmore Gardens, Kensington, came to light when AMR filed for bankruptcy protection in November 2011.
American's unions expressed anger over the property because in 2003, to keep the company afloat and avert bankruptcy at the time, workers agreed to pay cuts and other concessions.
During the current restructuring, unions have agreed to cost-saving labor contracts. In bankruptcy, companies can trim labor costs, shed aircraft leases, and renegotiate terms with vendors and suppliers.
The London townhouse received attention after the bankruptcy filing "and some questions about it remain unanswered to this day," American's flight attendants' union said in a posting on its website.
"In particular, we cannot help but wonder why the company waited so long to sell the 5,200-square-foot luxury home," said the union, which along with American pilots, mechanics, and ground workers have publicly supported a merger with US Airways Group Inc.
If a merger does happen, American's union leaders want US Airways CEO Doug Parker to lead the new company.
In a recent court filing, American said that each month the corporation owns the London property, "the debtors could be subject to unnecessary maintenance costs and other fees."
"Of course, that did not prevent the company from holding the property until July (conveniently following the Wimbledon Championships), when it was finally put on the market," noted the Association of Professional Flight Attendants.
James Little, president of the Transport Workers Union International, representing mechanics and ground workers, said it was outrageous for executives to be living in such a posh residence when American workers were being laid off and losing their homes.
"American Airlines would have been Marie Antoinette's favorite airline," Little said. "The sale of this asset is a step in the right direction and long overdue. This should have happened before the company entered bankruptcy. Workers, investors, and customers are tired of executives living high on the hog while everyone else sacrifices."
American repeatedly analyzed selling the London property over the years, Collins said.
"But given the appreciation of the Greater London real estate market, the company felt it was prudent to keep the property until now," he said.
"The proposed cash sale will enable American to realize immediate funds that will increase the pool of assets available for our creditors."
Aqui habla concretamente de esto:
American Airlines parent sees 'reasonable possibility' of shareholder recovery
By DAVID MCLAUGHLIN Bloomberg News
Published: 1/10/2013 2:24 AM
Last Modified: 1/10/2013 3:10 AM
Shares of AMR, which is considering a merger with US Airways Group Inc., rose 44 percent Wednesday to finish at $1.30 in over-the-counter trading, which encompasses stocks that are not listed on an exchange.
Wednesday's closing price was the highest since Nov. 28, 2011, the day before the Fort Worth-based airline sought bankruptcy protection.
"Depending upon the ultimate strategic alternative adopted and pursued, there exists a reasonable possibility that there may be value for AMR equity holders," AMR attorney Harvey Miller wrote in a Jan. 3 letter to the Office of the U.S. Trustee, which monitors bankruptcy proceedings. The document was filed Tuesday with the U.S. Securities and Exchange Commission.
AMR's $460 million of 6.25 percent convertible notes due in October 2014 climbed 3.9 percent to 96.25 cents on the dollar Wednesday, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority. The bonds traded at 17.75 cents after AMR filed for Chapter 11.
Tempe, Ariz.-based US Airways has been pursuing a merger with AMR since shortly after the larger carrier filed for bankruptcy.
AMR had a board meeting Wednesday at which it had hoped to be ready to decide whether to go ahead with a tie-up, people familiar with the matter said in December.
Bruce Hicks, an American spokesman, declined to comment on the specifics of the airline's board meeting, beyond citing CEO Tom Horton's comment in a Jan. 3 message to employees that "we expect to bring this to a conclusion within a matter of weeks."
"The U.S. Trustee could conceivably appoint an equity committee, although this late in the bankruptcy process, it would be quite rare," Helane Becker, an analyst with New York- based Dahlman Rose & Co., said in a report today.
A combination of American, the third-largest U.S. carrier, and No. 5 US Airways would create the world's largest airline.
Shares of US Airways fell 0.2 percent to $15.13.
Miller, of law firm Weil, Gotshal & Manges LLP, wrote in the letter that AMR previously opposed the formation of an equity committee in the bankruptcy case to represent shareholders because "there did not appear to be a substantial likelihood" that they would receive "any meaningful distribution."
"Since January of 2012, the debtors have made remarkable progress in stabilizing their businesses and improving their prospects," he wrote.
Miller was not available for comment Wednesday.
Yo me salí a 0,74 así que mi opinión no es neutral. Le saqué un 110% y con eso voy sobrado.
Lo que tengo claro es que a 1,3x no voy a entrar de nuevo. Valoraba la entrada por los 0,5x-0,6x en todo caso.
Sigo confiando en el futuro de la empresa, pero la dilución es siempre posible haya positive equity o no.
ya la tenemos en 1.33 en el premarket estuvo en 1.44 podria marcar facil un cierre superando 1.40 y podria marcar 1.50
adelante
ya va en 1.36
ya paso 1.40
1.42 acercandose a al 1.50
