Voyager, which is presently present process chapter proceedings within the U.S. Chapter Courtroom for the Southern District of New York, requested a federal choose to approve $1.9 million of its funds for a “Key Worker Retention Plan” (KERP), which means bonuses to 38 staff that the corporate claimed have been important to its continued operation and restructuring. On Friday, the Official Committee of Unsecured Collectors – a gaggle of Voyager prospects – objected, saying Voyager’s staff are “already well-compensated,” and arguing that the corporate has in any other case accomplished little to cut back prices.
