For workers? Nothing.https://twitter.com/cnn/status/938660865301204992 …
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theres actually a surprisingly decent reason for why they do that. its so they keep the executives from wanting to back out and liquidiate which would destroy the company. its there to prevent having to do a class whatever tha dissolves rather than reorganizes
Simply not approving those exorbitant bonuses wouldn't cause them to file Chapter 7.
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not by law but in likeliness yes absolutely. what reason would those execs have to stay at a company going bankrupt thats trying to reorganize that might not work?
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how do you assure they stay and not leave and cause a C7 destroying an entire company and thousands of jobs?
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