United Airlines – Using Intangible Assets and Intellectual Property as Collateral
While covid-19 has negatively impacted businesses across all industries, it has been particularly harsh to airline companies. Burdened with heavy aircraft maintenance and staffing expenses, United Airlines Holdings (“UAL”) recently disclosed in an 8-K filing that it was burning through approximately $40 million in cash per day. To shore up liquidity, UAL recently secured a […]