Post #4493 addressed "bonus" pay/incentives in regard to new legislation.
The problem is there are times incentives to stay with the bankrupt company are legit and when it's bs..especially when it involves key operations execs.
Bonus payouts can be easily abused and deciding if its' legit is tricky business. There is no way a bankruptcy judge can know if the reasons given to grant incentive payments are in the best interest of the company trying to successfully emerge from bankruptcy.
People that received incentive pay may be in the top levels of management but that doesn't mean they had anything to do with the financial decisions that lead to a bankruptcy. I'm not saying this is the case here but bad things do happen to good managers. Making hard and fast rules regarding incentive pay in a bankruptcy is a double edge sword.
The highest ideal a person holds, consciously or unconsciously, that's their "god". - Jordan Peterson quoting Carl Jung a Swiss Psychologist of the 19th & 20th century
