Not only did the top eight Hawker Beechcraft executives not get the $5.328 million in bonuses they were asking for, they also got a bit of a tongue lashing from United States Bankruptcy Judge Stuart M. Bernstein, according to a report at AOPA.org. The judge said it looked to him like the money was a retention payment, and that’s not allowed under bankruptcy laws.
About Janice Wood
Janice Wood is editor of General Aviation News.
Share this story
Become a better informed pilot.
Join 110,000 readers each month and get the latest news and entertainment from the world of general aviation direct to your inbox, daily.