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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 expenses of indenture trustees and an overly broad exculpation provision....

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