- 11 U.S.C.
In re Hawker Beechcraft Inc.
Aug
24
2012
Ruling
Approval of key employee incentive plan denied due to failure of insiders to meet BAPCPA standards.
Procedural posture
Debtors filed a motion seeking approval of their proposed key employee incentive plan (the "KEIP") and their non-insider key employee retention plan (the "KERP"). Following an evidentiary hearing, the court approved the KERP from the bench, and reserved decision on the KEIP.
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Court
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