(Updates to show what employees company won right to pay in first bullet.) Federal bankruptcy judge granted bankrupt air carrier
- Co. won right Wednesday to pay 90 employees a total of $359,742 due under its long-term incentive plan
Martin Glenn: “For the debtor to succeed in reorganization, they need the support of their loyal employees and I think this is an appropriate way to do that.”
- Co. wants to pay 2,482 current employees and 22 retired employees incentive payments of about...