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Trustee Flags Bonus-Related Terms In Libbey's Ch. 11 Loan

By Rose Krebs ( June 26, 2020, 8:05 PM EDT) -- The U.S. trustee told the Delaware bankruptcy court Friday to reject Libbey Glass Inc.'s Chapter 11 financing until protections are in place related to litigation that could be pursued over $2.35 million in bonuses paid to five executives just before the bankruptcy filing....

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