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Suniva tells bankruptcy court bonus plan essential to trade case
August 18, 2017 / 5:58 PM / 2 months ago

Suniva tells bankruptcy court bonus plan essential to trade case

Solar panel maker Suniva Inc on Thursday asked the judge in its bankruptcy case to approve a bonus plan for a single employee the company views as “absolutely critical” to its attempts to restructure and get the U.S. government to impose steep tariffs on imported solar products.

The cost of the key employee incentive plan, or KEIP, would come to $120,000, a small cost given the stakes, the company argued in papers filed in U.S. Bankruptcy Court in Delaware.

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