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Celsius bankruptcy case trustee slams $3M employee bonus motion

Published 10/28/2022, 12:58 AM
Updated 10/29/2022, 03:20 AM
Celsius bankruptcy case trustee slams $3M employee bonus motion

The United States trustee overseeing the Celsius Chapter 11 bankruptcy case, William Harrington, has objected to a Celsius motion that would see 62 of its 275 employees paid a retention bonus totaling $2.96 million.

The trustee has blasted Celsius in its supporting statement for the objection filed on Oct. 27, noting:

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