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Voyager, currently in bankruptcy proceedings in the US Bankruptcy Court for the Southern District of New York, has asked a federal judge to approve $1.9 million in Key Employee Retention Plan (KERP) funds. argued that it was vital to the continued operation and restructuring of the company. On Friday, the Official Committee of Unsecured Creditors — a group of Voyager customers — protested, saying Voyager’s workers were “already well compensated” and arguing that the company had otherwise done little to cut costs.
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