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IN RE DELTA AIR LINES, INC.

Bankruptcy No. 05-B-17923(ASH), Civ. No. 07 Civ. 3968(JGK).

374 B.R. 516 (2007)

In re DELTA AIR LINES, INC. et al., Debtors. Kenton County Bondholders Committee, Appellants, v. Delta Air Lines, Inc. et al., Appellees.

United States District Court, S.D. New York.

August 27, 2007.

Attorney(s) appearing for the Case

James. Irving McClammy, Davis Polk & Wardwell, New York, NY, for Debtor.

OPINION AND ORDER

KOELTL, District Judge.

The appellants, a group of Bondholders who hold approximately $50 million in face amount of Bonds issued by the Kenton County Airport Board ("KCAB") pursuant to a 1992 Trust Indenture which covered the issuance of over $400 million in Bonds, appeal a Settlement Order entered by the United States Bankruptcy Court for this district approving a Settlement Agreement (the "Settlement") between Chapter 11 debtor...

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