May 29, 2025
NAVIGATING BOARD OF DIRECTOR COMPENSATION IN BANKRUPTCY AND POST-EMERGENCE MANAGEMENT INCENTIVE PLANS
A company experiencing financial distress and potential bankruptcy or out-of-court restructuring face challenges that are not only operational but also extend to compensation structures.
This article by A&M's J.D. Ivy, Brian Cumberland and Vance Yudell, published by AIRA, discusses the details of board compensation during bankruptcy and key factors boards should consider when creating effective Management Incentive Plans (MIPs) for the company post-emergence.
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