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From Home Furnishing Business
Bankrupt Furniture Brands Seeks Executive Bonuses
September 16,
2013 by in Bankruptcy, Industry 
Bankrupt Furniture Brands International has asked a federal judge in Delaware to let it pay more than $5 million in bonuses to 55 employees, including seven company insiders, if its assets are successfully sold at auction.
The manufacturer, which hasn't made a profit in six years, said the bonuses would be paid for reaching incentives that "will not be easy."...
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Source: Law360