Amends Federal bankruptcy provisions to provide that an air carrier engaged in interstate or foreign commerce shall be deemed a debtor for reorganization purposes only if every member of such carrier's controlled group of corporations simultaneously becomes a debtor for reorganization purposes. Limits such treatment to cases commenced from March 9, 1989, until May 8, 1989.
Introduced in House
Introduced in House
Referred to the House Committee on Judiciary.
Referred to the Subcommittee on Economic and Commercial Law.
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