TWA lawsuit update?

[doh]

TWA Dude, I appreciate the updates! Thank you!

 

[TWA Dude]

[FONT=&quot]Update: looks like no settlement is imminent:
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[FONT=&quot]
[/FONT]
[FONT=&quot]Dear Class Members,
The mediation on March 12th concluded without a settlement, although we anticipate meeting again on April 27th with ALPA and the mediator for continued settlement discussions. Because of the confidentiality provisions by which we are bound, we unfortunately cannot provide with you any additional details concerning the mediation. We have a status conference with Judge Irenas on Friday, March 23rd, and intend to ask the Court to rule on the post-trial motions. We will always remain open to continued settlement negotiations with ALPA but see no reason to delay any longer a ruling on the post-trial motions. We will post another update following our conference call with Judge Irenas.
Regards, Class Counsel[/FONT]

 

[swa737-700]

[FONT=&quot]Update: looks like no settlement is imminent: [/FONT]



[FONT=&quot]Dear Class Members,[/FONT]
[FONT=&quot]The mediation on March 12th concluded without a settlement, although we anticipate meeting again on April 27th with ALPA and the mediator for continued settlement discussions. Because of the confidentiality provisions by which we are bound, we unfortunately cannot provide with you any additional details concerning the mediation. We have a status conference with Judge Irenas on Friday, March 23rd, and intend to ask the Court to rule on the post-trial motions. We will always remain open to continued settlement negotiations with ALPA but see no reason to delay any longer a ruling on the post-trial motions. We will post another update following our conference call with Judge Irenas.[/FONT]
[FONT=&quot]Regards, Class Counsel[/FONT]

TWAdude,

Thanks for the update. Any idea what "post-trial motions" are?

 

[TWA Dude]

Routine stuff. I think the biggest one was ALPA's motion to set-aside the verdict, a hail-mary by most defendants. Other motions involve the schedule for damages-phase discovery.

 

[Turtle21]

3 miller lights and a box of cheezits.

8 oz. or 12 oz.?

 

[Turtle21]

I believe Moak has stated publicly that he will not do that. Hell a lot of ALPA members were not even members, hell some werent even pilots, in 2000-01 when all of this was going on.

If ALPA attempts to assess current members for this, the de-cert bell will be ringing EVERYWHERE and ALPA knows this.

That's a bell I would buy so everyone can ring it! If ALPA gave me a free toilet I wouldn't piss in it.

 

[filejw]

Heck the need for a surety bond alone could bankrupt ALPA. If the TWA pilots prevail and get anywhere close to what they are asking for one has to wonder how ALPA will stay "in business"

Chapter 11 just like an airline. Renegotiate their obligations just like anybody else in chapter 11 and move on. Other than insurance ALPA doesn't have much in the way of assets.

 

[jonjuan]

Chapter 11 just like an airline. Renegotiate their obligations just like anybody else in chapter 11 and move on. Other than insurance ALPA doesn't have much in the way of assets.

They do have some nice oil paintings hanging somewhere in a mansion in DC.

 

[Turtle21]

Chapter 11 just like an airline. Renegotiate their obligations just like anybody else in chapter 11 and move on. Other than insurance ALPA doesn't have much in the way of assets.

Monthly membership subscription from 50,000, I mean 40,000, I mean 35,000 pilots is a lot of asset.

 

[MACHBUZZ]

Go TWA Pilots!!! I hope this can end ALPA as we know it today.... Good Luck!