Court OKs Interep Severance Checks
May 24, 2010 at 4:11 AM (PT)
U.S. Bankruptcy Court has given the Chapter 7 trustee for INTEREP permission to pay out about $2 million in severance to 132 former staffers. The payouts are at about 50% of the amounts claimed, except for some staffers who obtained new employment who will receive about 25% of their claims.
The largest payouts to be made by Trustee KENNETH SILVERMAN will go to former D&R EVP/GM KIRK COMBS, who is getting $78,902.50, with former INTEREP Pres. of Sales SHEILA KIRBY receiving $70,386.50.