US Trustee Balks At AMR's $20M CEO Payment

By David McAfee · August 2, 2013, 8:57 PM EDT

The U.S. trustee objected to AMR Corp.'s second amended joint Chapter 11 plan Friday, saying the plan impermissibly provides a $20 million severance payment for the company's CEO, reimbursement of legal...

To view the full article, register now.