Watchdog Says NJOY Ch. 11 Bonus Info Should Be Public

Law360, Wilmington (November 30, 2016, 8:27 PM EST) -- The federal bankruptcy watchdog objected Wednesday to an attempt by e-cigarette maker NJOY Inc. to seal details of its employee bonus plan, saying that there is no reason to keep the amounts being paid to employees hidden from the public.

In his objection, U.S. Trustee representative David L. Buchbinder said that the key employee incentive program proposed by NJOY will provide for a payment to all of the company's 50 employees, so the identity of the recipients and the amounts due to them doesn't have to...
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