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Bonuses and Bankruptcy: Retail’s Strange Bedfellows?

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Bonuses and bankruptcy are proving to be strange bedfellows in retail. Neiman Marcus is seeking court approval to shower key executives with millions in bonuses, prompting a Department of Justice (DOJ) attorney to contest the request. The debt-laden luxury chain, which filed a Chapter 11 petition in May, wants to dole out up to $10…

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