24 Hour Fitness Gets OK for $6 Million Bonuses in Delaware Chapter 11


"A Delaware judge on Friday gave her nod to bankrupt gym chain 24 Hour Fitness' plan to pay up to roughly $6 million in incentive bonuses to 22 of its senior managers, after the maximum payout was reduced by about $2.7 million from a prior proposal and performance benchmarks were tweaked."

Read the article (subscription required)

Related Contacts
Olya Antle  Associate Washington, DC
Cathy Hershcopf  Partner New York
Michael Klein  Partner New York
Lauren A. Reichardt  Associate New York
Related Practices & Industries

Business Restructuring & Reorganization