Gulfstream Execs To Pay Trustee $1.9M To Settle Lawsuits
By Kelly Knaub ( December 9, 2013, 7:05 PM EST) -- Former executives of bankrupt airline Gulfstream International on Friday entered a proposed settlement with the liquidating trustee to receive a $1.9 million payment on their D&O insurance policy and submit it to the trustee's fund to avoid prolonged litigation alleging they breached their duty to the company....
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