Dozens of Bankrupt Firms Paid Top Execs Huge Bonuses Before Layoffs: Report
JCPenney, Hertz and Neiman Marcus paid top executives large bonuses before seeking bankruptcy protection.
JCPenney
Analysis: Will JCPenney Survive Bankruptcy Or Shutter For Good?
Emerging from Chapter 11 alive depends on "performance and unknowns," JCPenney's bankruptcy lawyer said.
JCPenney Paid Top Execs Huge Bonuses Before Firing Workers, Edging Toward Bankruptcy
JCPenney furloughed majority of store workers and skipped two recent debt payments.
