Federal Bankruptcy Judge: Tribune May Award $45M In Bonuses If Goal Is Met

Federal Bankruptcy Judge: Tribune May Award $45M In Bonuses If Goal Is Met

WILIMINGTON, Del. - The bankruptcy judge presiding over the Chapter 11 proceeding of Tribune Co. in the U.S. Bankruptcy Court for the District of Delaware on May 4 approved the company's motion to award as much as $45 million in bonuses if financial goals are achieved (In Re: Tribune Company, No. 08-13141, Chapter 11, D. Del. Bkcy.). Subscribers may view the order available within the full update.

Find full version on lexis Advance®
Access this news story on lexis.com®