· 6/18/2009
Yong Feng Liu v. Holder
Citations
- 332 F. App'x 677
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that KEIP targets that are difficult to achieve “properly incentivize” a debtor’s key employees
- reasoning that courts must be wary of attempts to characterize what is essentially an insider retention plan as an “incentive” plan “to bypass the requirements of section 503(c)(1
- holding non- statutory “insiders must have at least a controlling interest in the debtor or exercise sufficient authority over the debtor so as to unqualifiably dictate corporate policy and the disposition of corporate assets’’
- holding non- statutory “insiders must have at least a controlling interest in the debtor or exercise sufficient authority over the debtor so as to unqualifiably dictate corporate policy and the disposition of corporate assets’’
- approving KEIP targets based on net sales proceeds from section 363 sales combined with financial and operational targets
- approving a KEIP with sale-based bonuses that grew incrementally larger with incremental increases in sale price
Source: CourtListener parenthetical corpus (CC0).
Judges: Calabresi, Hon, Katzmann, Livingston
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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