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Trustee Reverses Course On TMST's Incentive Plan

By Jesse Greenspan (November 5, 2009, 6:56 PM EST) -- Less than three weeks ago the Chapter 11 trustee overseeing bankrupt real estate investment firm TMST Inc. objected to its emergency motion for approval of a wind-down employee incentive plan, but on Thursday he reversed course, saying not only that he supported the plan, but that the incentive payments should be increased....

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