- The bankrupt offshore drilling company can pay as much as $24.2 million in
bonusesfor 490 non-insider employees, Judge Marvin Isgurruled
- About 50% of the total amount will be allocated to retention, and the other half for incentive payments
Note: Valaris’s proposed bonus program for executives faces an objection from its bank agent, with a hearing on the matter scheduled for Nov. 30
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