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Article: Equity Securities Committee requested to oversee Northwest Airlines stockholders' interests.(East Texas Capital Corp., Northwest Airlines Corp.)(Brief Article)
- Article from:
- Airline Industry Information
- Article date:
- October 21, 2005
CopyrightCOPYRIGHT 2005 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
East Texas Capital Partners LLC has requested that the US Trustee in Northwest Airlines' (OTC Bulletin Board: NWACQ) bankruptcy case appoint an Equity Securities Committee to oversee the airline's common stockholders' interests in that case.
The company said that it was acting on behalf of its principals, who own Northwest Airlines Corporation common stock, and that it had notified the airline and Judge Allan L Gropper of the US Bankruptcy Court for the Southern District of New York.
East Texas Capital Partners also said that it believes that the bankruptcy is, at best, technical ...