Old 07-17-2012, 08:02 AM
  #1  
misterwl
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Joined APC: Apr 2012
Posts: 74
Default HawkerBeechcraft execs seek $5.3M Ch11 bonus

Bankrupt Hawker Beechcraft seeks court OK of $5.3M in executive bonuses | LeveragedLoan.com

Interesting bankruptcy move by management:
Although not assuming liabilities for the company’s three defined benefit pension plans, the reorganization currently calls for $5.3 million in bonuses to be distributed to 9 top execs

Bankrupt Hawker Beechcraft seeks court OK of $5.3M in executive bonuses | LeveragedLoan.com
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