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The collection concerns the administration of the airline prior to its closure in 1982, the affect of the bankruptcy on employees and other companies, as well as plans by Hyatt Hotels to acquire and reorganize Braniff Airways.
With an approved bankruptcy reorganization agreement with Hyatt Corporation a new Braniff, Inc., would be created from the assets of Braniff Airways, Inc. and Braniff International Corporation and would begin operations on March 1, 1984.
JOHN FLOWERS, Bankruptcy Judge. The Debtor, Braniff Airways, challenges Defendants' assertions of priority status for their claims under § 507 of the Bankruptcy Code ("Code"), their entitlement to setoff rights, and their claims to be beneficiaries of a trust fund.
The fourth series is the Braniff Employees Series, which is further organized into ten categories, but no subseries, all relating to benefit information. The group insurance booklets for active and retired employees include 1969-1980.
- 3020 Waterview Pkwy, Richardson, 75080, Texas
- (972) 883-2570
Braniff Airways, Incorporated, and Braniff International Corporation are reorganized as Dalfort Corporation and the reorganized company is financed by Hyatt Hotels founder Jay A. Pritzker, who has invested $117.6 million USD in capital in the new entity and owns 80-percent of the company.
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
In 1964, Troy Post of the Greatamerica Corporation purchased Braniff Airways, which was re-incorporated in 1973 as the Braniff International Corporation to include Braniff Airways, Braniff Hotels, Braniff Realty, and Braniff Education Systems.
People also ask
Who owns Braniff Airways?
What is the reorganization plan of Braniff Airways?
Does Dalfort Corporation own Braniff Airways & Braniff International Corporation?
Where is Braniff Air based?
What happened to Braniff hotels?
What happened to Braniff Airways & BN air?
On December 30, 1982, Braniff filed with the Bankruptcy Court a "Memorandum of Understanding" as a basis for a proposed settlement and compromise of all claims, counterclaims, and potential litigations by and among Braniff, certain unsecured creditors, and certain secured creditors.
