Homebanc Drops 5 VPs From Employee Retention Bid
The move follows the trustee's objection to the debtors' bid to hand out $532,000 in retention bonuses to 15 vice presidents.
Homebanc filed a supplement on Monday to the “non-insider employee retention plan” motion it lodged at the end of August. The supplement alerted the court that the five executives had been dropped from the non-insider retention motion...
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