Trustee Slams Dana Request For Extension

Law360, New York (October 31, 2006, 12:00 AM EST) -- The U.S. Trustee overseeing the Chapter 11 proceedings of Dana Corp. has once again decried the bankrupt auto maker’s executive incentive plan, this time objecting to a bankruptcy court judge’s decision to push back a hearing on the company’s reconsideration motion.

In documents filed with the U.S. Bankruptcy Court for the Southern District of New York, U.S. Trustee Diana G. Adams has objected to a motion by the company to extend the filing deadline for papers relating to the incentive plan.

Judge Burton Lifland struck down...
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