Court order restricts trading in equity and debt of Pinnacle Airlines Corp., affiliates

April 19, 2012
MEMPHIS, Tenn., 19 April 2012. The United States Bankruptcy Court for the Southern District of New York has entered an order that imposes substantial restrictions on trading in equity interests in and debt claims against Pinnacle Airlines Corp. (NASDAQ:PNCL) and affiliates.

MEMPHIS, Tenn., 19 April 2012. The United States Bankruptcy Court for the Southern District of New York has entered an order that imposes substantial restrictions on trading in equity interests in and debt claims against Pinnacle Airlines Corp. (NASDAQ:PNCL) and affiliates.

The case number for the bankruptcy action is 12-11343. A copy of the order is available at: http://dm.epiq11.com/PinnacleAirlines.

Davis Polk & Wardwell LLP and Akin Gump Strauss Hauer & Feld LLP are serving as the company's legal advisors in the restructuring. Barclays Capital and Seabury Group LLC are serving as financial advisors.

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Courtney E. Howard | Chief Editor, Intelligent Aerospace

Courtney enjoys writing about all things high-tech in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Intelligent Aerospace and Military & Aerospace Electronics. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics and space geek. Connect with Courtney at [email protected], @coho on Twitter, on LinkedIn, and on Google+.

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