Blawgletter has the Vague Notion that bankruptcy law dislikes some kinds of contract clauses. Take your ipso factos, which trigger some change in the contract's status simply because a party filed for bankruptcy relief. Don't laws that aim to treat creditors fairly tend to frown on such efforts to get a Leg Up as
AMR
DOJ Sues to Stop U.S. AAirways Merger
By Barry Barnett on
On Aug. 12, the AAntitrust Division of the U.S. Department of Justice joined with the attorneys-general of six states and the District of Columbia to file a lawsuit to stop the merger of AMR, which owns American Airlines, into U.S. Airways. You can see the complaint here.
The filing took Blawgletter by surprise. Living in DFW, which…