US Airways last week filed a disclosure statement and plan of reorganization based on its proposed merger with America West Group Holdings (ATWOnline, May 20) that is expected to close in late September or early October. According to the airline, the bankruptcy court set a hearing on approval of the disclosure statement for Aug. 9. Under the proposed plan, creditors having claims of $50,000 or less will receive a cash payment of 10% of the amount of their claims. Other creditors holding ...

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