StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Article Summary and Reaction Paper - Essay Example

Cite this document
Summary
Andrew Bender writes in his article in the Forbes Magazine that AMR Corporation, which is the founding company of American Eagle and American Airlines, filed for the protection of bankruptcy (Bender, 2011). Filing for protection of bankruptcy implies that the company seeks the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
Article Summary and Reaction Paper
Read Text Preview

Extract of sample "Article Summary and Reaction Paper"

Article Summary and Reaction American Airlines Files for Protection for Bankruptcy Summary of the Case Andrew Bender writes in his article in the Forbes Magazine that AMR Corporation, which is the founding company of American Eagle and American Airlines, filed for the protection of bankruptcy (Bender, 2011). Filing for protection of bankruptcy implies that the company seeks the court to protect it from its creditors for the period that it will be able to manage its financial status. The author notes that several stakeholders will be affected by the case including travelers.

However, the article indicated that such a move does not mean that the company would soon come to a halt. There were attempts to make the customers satisfied with the services that the company will offer. The hearing of the case occurred on November 30, 2011 after the company had filed the protection plea through its lawyers and other legal advisors. The airline had fought to escape the filing for bankruptcy and hoped that the court would help it to regain its status in the industry. The article expounds on the term bankruptcy.

It also introduces Chapter 11 of the U.S. Bankruptcy Code (Administrative Office of the U.S. Courts, 2015). The chapter provides for reorganization under bankruptcy situation, mainly involving partnership or cooperation. The chapter helps in the reorganization of businesses that have seriously high burden of debts. Under the chapter, the debtor proposes a plan to that would ensure profitability after bankruptcy. The article outlines the best case in which Chapter 11 of the bankruptcy code. The article outlines the applicability of the code in helping organizations restructure and present a plan for profitability.

ReferencesAdministrative Office of the U.S. Courts. (2015). Reorganization Under the Bankruptcy Code. Retrieved April 13, 2015 from http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyBasics/Chapter11.aspxBender, Andrew. (2011). American Airlines Bankruptcy: Who Loses? Forbes. Retrieved April 13, 2015 from http://www.forbes.com/sites/andrewbender/2011/11/29/american-airlines-bankruptcy-who-loses/

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Article Summary and Reaction Paper Essay Example | Topics and Well Written Essays - 250 words - 1”, n.d.)
Article Summary and Reaction Paper Essay Example | Topics and Well Written Essays - 250 words - 1. Retrieved from https://studentshare.org/law/1688640-article-summary-and-reaction-paper
(Article Summary and Reaction Paper Essay Example | Topics and Well Written Essays - 250 Words - 1)
Article Summary and Reaction Paper Essay Example | Topics and Well Written Essays - 250 Words - 1. https://studentshare.org/law/1688640-article-summary-and-reaction-paper.
“Article Summary and Reaction Paper Essay Example | Topics and Well Written Essays - 250 Words - 1”, n.d. https://studentshare.org/law/1688640-article-summary-and-reaction-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Article Summary and Reaction Paper

Minimum Wage Hike Does Maximum Harm

CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper, that it is written in my own words except where indicated by quotation marks, and it was prepared by me specifically for this course.... YOUR OPINION (reaction, Agree/Disagree, etc.... She suggests at the end of the article that CENTRAL TEXAS COLLEGE CURRENT EVENTS ARTICLE REPORT ARTICLE NUMBER: 2 BUSI1301 SECTION: REFERENCE DATA PUBLICATION The Boston HeraldISSUE DATE: June, 19, 2012PAGE(S): 2ARTICLE TITLE: Minimum Wage Hike does Maximum HarmAPPLICABLE CHAPTER IN COURSE TEXT (NUMBER & TITLE): ARTICLE summary/MAIN POINTS: (You need only a few complete sentences – just enough to express the gist of the article)....
1 Pages (250 words) Article

The Risk Factors of Cardiovascular Diseases

Therefore, the authorities have been putting all efforts in addressing the risk factors associated with these diseases such as… This paper will conduct an article review of a study carried out among aboriginal people on the risk factors of cardiovascular diseases and diabetes. ...
5 Pages (1250 words) Article

Reaction paper 6

Outsourcing on the other hand means either to recruit foreign workforce in the local company or to employ a foreign workforce in the foreign… Many companies such as Google, General electric and Ford applied the two concepts in quest of cheap labor from the foreign countries like China, India and Indonesia....
2 Pages (500 words) Article

U.S. Climate Report Says Global Warming Impact Already Severe by Darryl Fears

This paper "U.... nbsp;  The text is important to utilize in my paper because it supports my thesis on the importance of the creation of sustainable communities through green action plans.... .... Climate Report Says Global Warming Impact Already Severe by Darryl Fears" focuses on the fact that the impact of global warming in every part of the United States....
1 Pages (250 words) Article

Predicting Developmental Status from 12 to 24 Months in Infants at Risk for Autism Spetrum Disorder

The paper reports a study conducted to determine the relationship between autism diagnostic observations at 12 months after a child is born to autism diagnostic observations on a child done 2 years after a child's birth.... It is a skeletal paper;... Such signs include speech-like vocalizations, the manner of reaction to objects and object use, domains of social communication and response and language....
2 Pages (500 words) Article

The Exposure of Youth to Unwanted Sexual Material on the Internet

The paper "The Exposure of Youth to Unwanted Sexual Material on the Internet" states that the debates that concern youth autonomy require social scientific researches, which will likely lead to the provision of suitable orientations by the parties concerned in preventing societal vices.... This paper offers a critical review of the interventions, and evaluation of some of the proposed interventions as well as the reasons for developing the need to conduct research on suitable interventions for the prevention or reduction of the exposure....
5 Pages (1250 words) Article

The Commonly Accepted Principles of Supervision

The paper "The Commonly Accepted Principles of Supervision" describes that article discusses a study on inter-professional supervision.... The study entailed an educational psychologist supervising a professional in a different field.... Six educational psychologists evaluated the work of professionals....
5 Pages (1250 words) Article

Locality Preserving Projection by He and Niyogi

This paper "Locality Preserving Projection by He and Niyogi" tells that as technological advances continue to emerge, a few proposals have been proposed regarding manifold learning algorithms like the Laplacian Eigenmap, Locally Linear Embedding, ISOMAP, and Locality Preserving Projection.... A more appropriate title would have been more straightforward in providing a detailed summary of the article in one sentence such as Locality Preserving Projections in dimensionality reduction....
16 Pages (4000 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us