U.S. Trustee Roberta DeAngelis objected to Nortel Networks Inc.'s plan to offer $1.8 million in bonuses to employees as the once-mighty telecommunications company nears critical mediation talks to resolve its four-year bankruptcy, Reuters reported yesterday. Nortel last month asked a bankruptcy court to approve incentive payment plans that could reward 10 employees for taking on broader responsibilities if certain restructuring targets are met. DeAngelis objected to the proposal because it does not provide details on the employees expanded roles and does not disclose individual performance targets.
