I thought LTU was a German company? -----Original Message----- From: The Airline List [mailto:AIRLINE@LISTSERV.CUNY.EDU] On Behalf Of John W. Swiman Sent: Monday, August 05, 2002 7:44 PM To: AIRLINE@LISTSERV.CUNY.EDU Subject: Bankruptcies According to the Monday issue of the Miami Herald Business section: LTU International Airways, a Delaware Corp. 100 N. Biscayne Blvd., Suite 2100, Miami, FL., has been placed into Chapter 7 (Involuntary) by the following companies: NWT Partners American Business Leasing American Express Business Finance Corp. Chapter 7 - debtor sells assets in return for discharge of debts. Involuntary - Three or more unsecured creditors owed $5,000 or more have petitioned the court to force the company into bankruptcy. The petitions are sometimes withdrawn by creditors or dismissed by the court. John W Swiman Miami, Florida note the above information is taken from the Miami Herald