Skip to main content
· 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 CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.