U.S. Trustee Objects To A123's Plan To Pay Employee Bonuses

WILMINGTON, Del. - The U.S. trustee in the Chapter 11 bankruptcy of alternative energy company A123 Systems Inc. on Nov. 6 filed an objection in the U.S. Bankruptcy Court for the District of Delaware, contending that the company should not be permitted to implement its employee incentive plan, which would give bonuses to key employees (In Re: A123 Systems Inc., No.12-12859, Chapter 11, D. Del. Bkcy.). Subscribers may view the brief available within the full article.

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