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KM Financial Solutions | U.S. bankruptcy watchdog takes aim at Philly refiner’s executive bonus plan
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U.S. bankruptcy watchdog takes aim at Philly refiner’s executive bonus plan

05 Dec U.S. bankruptcy watchdog takes aim at Philly refiner’s executive bonus plan

Posted at 23:08h in News by
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A plan to pay seven executives
of the bankrupt Philadelphia Energy Solutions oil refiner as
much as $20 million in bonuses after the company shut its
operation and laid off its workforce should be rejected, the
U.S. government’s bankruptcy watchdog said on Friday.

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