Rochelle on Hawker, Madoff, US Airways-AMR: Audio

With the advent of a purchaser from China, aircraft maker Hawker Beechcraft Inc. decided to freeze rather than terminate workers' pensions, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle points to Bernard L. Madoff Investment Securities LLC as a case where the bankruptcy judge, when given an opening, let it be known how he feels about a particular litigant. To end the podcast, Rochelle explains the significance in the apparently agreement between pilots at US Airways Group Inc. and American Airlines Inc. to meld their seniority lists.

(Source: Bloomberg)

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