Originally Posted by
flapshalfspeed
REMEMBER WHO SAID THEY'D WAIT UNTIL END OF MARCH TO FILE? Oh, that's right--it was me.
...as of today, Phil Trenary's golden parachute payment agreement passed the one-year mark, so as of today, the Bankruptcy court cannot forcibly reapprpriate those payments.
This was planned a year ago, around March 29th. Phil got his parachute, they sat out a year until Phil's money was safe from the bk trustee, and now he's home free with his money!
America's corporate monarchy at its finest, ladies n gentleman...capitalism at its finest.
With this in mind, are the signing bonuses paid to the pilots from the new contract signed last year in any possible jeopardy?