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How companies get approval to pay executive bonuses during bankruptcy

April 13, 2018 Robert Harrington

Toys R Us filed for Chapter 11 bankruptcy last year, with more than $5 billion of debt on its books and plans to reorganize.

Two months later, the retailer did something that might seem a little strange. It asked a judge for permission to pay its executives $32 million in bonuses. READ MORE

← The Basics Of Executive Compensation In Employment Law CasesMedian CEO pay at largest companies reaches a record $15.7 million →
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