FOXBusiness.com: Judge denies $20 million severance to outgoing AMR chief

FOXBusiness.com FOX Business Network - The Power to Prosper

Judge denies $20 million severance to outgoing AMR chief Apr 12th 2013, 23:56 A judge has rejected a proposed severance package of nearly $20 million for Thomas Horton, the chairman and chief executive officer of American Airlines parent AMR Corp , saying the payout was not allowed under federal bankruptcy law.

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