If it looks like a duck (KERP) and quacks like a duck (KERP), its a duck (KERP) [1]

Since the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, there have been discussions about the impact of Bankruptcy Code Section 503(c) a/k/a the "KERP Killer." As long as there have been KERPs (or key employee retention…

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