In Re Allied Holdings, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• KERP formulated by considering a number of different factors, including the opinions of supervisors, the risk that the employee will resign and overall historical low pay and benefits
• reasonable factors to identify key em ployees are the employee’s necessity to operations and reorganization, possession of unique skills and abilities, risk of leaving, performance of heavy work loads since the bankruptcy filing and the difficulty of replacing the employee
• the court would approve the KERP if the incentive payments “will be payable in three installments, the first payable upon the filing of the plan, the second payable upon confirmation of the plan, and the third payable 60 days after the effective date of the plan”

Source: CourtListener parenthetical corpus (CC0).