US Trustee Blasts Crescent Resources $4M Bonus Plan
In a motion filed Thursday in the U.S. Bankruptcy Court for the Western District of Texas, trustee Charles McVay urged the court to reject the bonus plan, arguing that the only incentive it provided was for employees to do work they had already done.
“Incentive plans should be forward-looking,” McVay said. “The debtors have not...
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