WHITE PLAINS, N.Y. — The judge in A&P's bankruptcy case last week approved a short-term incentive plan for the company's top employees. The plan was revised from an earlier iteration that had been rejected by the same judge in March. Judge Robert Drain of the U.S. Bankruptcy Court here said that changes to the plan that incorporated EBITDA targets helped gain support for the plan from the creditors' committee, which had previously objected. A lawyer for the creditors testified that a ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.