Monday, April 7, 2014

Judge Orders Sale of Mexicana Assets

A judge has ordered Mexicana de Aviacion, one of the world's oldest airlines at the time it ceased operations in 2010, to begin selling assets to satisfy creditors. Employee unions, who have been keeping alive the possibility of a financial rescue and resumption of operations, announced plans to appeal the decision.

http://lawprofessors.typepad.com/aviation/2014/04/judge-orders-sale-of-mexicana-assets.html

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