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Bankruptcy trustee unhappy with Toys ‘R’ Us exec bonus plan

The Record/NorthJersey.com 11/29/2017

Judy Robbins, the U.S. trustee assigned to the Toys “R” Us bankruptcy case, objects to a company plan that would pay executives up to $32 million in bonuses. “It defies logic and wisdom,” Ms. Robbins wrote, to pay “multimillion-dollar bonuses for the senior leadership of a company that began the year with employee layoffs and concludes it in the mist of the holiday season bankruptcy.”

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