UPDATE 2-Judge denies $20 million severance to outgoing AMR chief

A judge has rejected a proposed severance package of nearly $20 million for Thomas Horton, the chairman and chief executive officer of American Airlines parent AMR Corp, saying the payout was not allowed under federal bankruptcy law.

http://www.reuters.com/article/2013/04/12/amr-usairways-ceo-severance-idUSL2N0CZ0I320130412?feedType=RSS&feedName=telcommunicationsServicesSector