Trustee Objects To Hawker Beechcraft's Exec Bonus Plan

Law360, New York (July 24, 2012, 6:29 PM EDT) -- The U.S. bankruptcy trustee objected Monday to bankrupt aircraft maker Hawker Beechcraft Inc.'s plan to pay more than $5 million in bonuses to its top management, saying the executives wouldn't be doing enough to deserve the money.

Earlier this month, Hawker Beechcraft had said it needed to offer incentives to the eight-member senior leadership team to see it through its reorganization. In a motion filed July 13, the company said the money would be a reward for guiding the company through an “expeditious and coordinated trip...
To view the full article, register now.



Case Information

Case Title

Hawker Beechcraft, Inc.

Case Number



New York Southern

Nature of Suit

Date Filed

May 3, 2012

Law Firms


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.