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Feb. 7, 2011
Status of Bankruptcy Distributions
Delta has received approval from the Bankruptcy
Court to proceed with the final bankruptcy distribution to
claimholders and close the bankruptcy cases for Delta and Comair.
Final distribution to claimholders will be completed by March 31, 2011
with explanations mailed to recipients by April 15, 2011. Claimholders
will be contacted if any additional information is required from them
before the final distribution is made.
The final distribution in the Northwest bankruptcy proceedings is not
yet scheduled because some claims are still in litigation outside the
bankruptcy court. However, 99.5% of the total shares to be distributed
from the Northwest proceedings have already been distributed, so there
are very few shares remaining to be distributed from the reserve. We
will not be able to distribute the remaining shares until the
remaining claims are liquidated and then allowed in the Northwest
bankruptcy proceedings.
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Owner: Corporate Communications
Last Modified:
February 07, 2011
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