Formica Corporation
Management Gets 3.2 Million Dollar Bonus by Filing Bankruptcy and Canceling Debit to Unsecured Creditors Cincinnati
Given the title of this report and the fact that Formica plans to pay unsecured creditors twenty cents on the dollar dozens of month's after it is due, I am a little upset. I worked for this company for over thirty years. I saw a tremendous amount of wealth concentrated into the hands of a very ...