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bar1080

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bar1080

Re: LouisDesyjr post# 6311

Wednesday, 09/30/2015 12:19:23 AM

Wednesday, September 30, 2015 12:19:23 AM

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"I mentioned about filing a motion (basically a letter but it would get entered on the docket and require a ruling by the judge) with the court to ask for clarification but so far they have not wanted to do that." Yes, I've seen that done in BKs.

You've nicely described the typical final days of a retail chain bankruptcy.... the fractured chain of command.... everyone for himself.

I wonder how bk courts currently treat unpaid retention bonuses. Are they elevated to the lofty status of back pay? Or would they be considered an ordinary payable? Retention bonuses for top management have come into controversy in recent years.

GL to that guy. Let us know how it works out for him.

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Because the Good Life is Just a Pump or Two Away

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