AgFeed Judge Wants More Info On CFO Bonus Pay

Law360, Wilmington (August 21, 2013, 9:52 PM EDT) -- A Delaware bankruptcy judge on Wednesday approved most of an executive bonus plan for hog grower AgFeed Industries Inc., except half of the incentive pay slated for the company's chief financial officer because he wanted more information to decide whether the goal in the plan was too easy to achieve.

U.S. Bankruptcy Judge Brendan L. Shannon said that he wanted to see some metrics regarding the value of AgFeed's assets in order to better determine whether the six months' salary to be awarded to CFO Gerard...
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Case Information

Case Title

AgFeed USA, LLC


Case Number

1:13-bk-11761

Court

Delaware

Nature of Suit

Date Filed

July 15, 2013

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