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S.D. New York· 11/30/2006

In Re Dana Corp.

Citations

  • 358 B.R. 567
  • 2006 Bankr. LEXIS 3387
  • 47 Bankr. Ct. Dec. (CRR) 126
  • 2006 WL 3479406

How courts have described this case

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

  • noting that the financial benchmarks set for debtor’s incentive plan are difficult targets to achieve and are therefore incentivizing
  • noting that the financial benchmarks set for debtor’s incentive plan are difficult targets to achieve and are therefore incentivizing
  • noting that “courts take a holistic view” of measuring the propriety of compensation packages
  • considering, under the business judgment standard, whether a KEIP’s scope was “fair and reasonable” and whether “it discriminate[d] unfairly”
  • describing six factors that courts may consider when determining whether the structure of a compensation proposal meets the “sound business judgment test” in accordance with section 503(c)(3) of the Bankruptcy Code
  • “Section 503(c) ... restricts transfers or payments by debtors to the extent that such payments are outside the ordinary course.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Burton R. Lifland

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16 cases in this archive cite this case.

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