We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Trustee Slams Dana Request For Extension

Law360 (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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.