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The U.S. bankruptcy court in Indianapolis has approved an employee incentive program that would pay key executives of HHGregg Inc. a total of $675,000 if certain goals are hit as the company winds down, the Indianapolis Business Journal reported today. The court’s approval of the incentive program, reported in a U.S. Securities and Exchange Commission filing on Monday, is part of the Indianapolis-based electronics and appliance retailer’s chapter 11 bankruptcy. HHGregg failed to find a buyer and closed all 220 of its stores in the spring. Executives eligible for the bonus include Kevin J. Kovacs, the company’s chief financial officer who now also is serving as CEO through the bankruptcy. Former CEO Bob Riesbeck left in early June.

A lawsuit brought by the Consumer Financial Protection Bureau against a Louisville law firm was dismissed on Friday, Louisville Business First reported yesterday. In a summary judgment ruling, the U.S. District Court for the Western District of Kentucky found that law firm Borders & Borders PLC followed the Real Estate Settlement Procedures Act (RESPA) while operating title insurance agencies from 2006 to 2011, according to a NEWS release. The CFPB sued Borders & Borders in 2013 after the firm refused to agree with a punitive consent decree levied by the agency. The CFPB alleged that the firm and principals Harry Borders, John Borders Jr. and J. David Borders accepted kickbacks in exchange for referrals of real estate closing services.

California has long had a reputation for having one of the most difficult bar exams in the country. Now, with passage rates sagging, the state will make it easier to pass the test, which is required to be licensed as a practicing lawyer, the New York Times reported today. The California Supreme Court, the ultimate authority over the bar exam, has decided to change the way the certification score is set. The court has not yet decided where the threshold will be set, but the changes will take effect in January. The move follows a sometimes furious debate in California legal circles over whether the state’s passing score, or “cut score” — 144 — was unrealistic. Each state offers its own bar exam, but many are moving toward more uniform exams, especially in the multiple-choice portion. Last year, just 62 percent of first-time test takers passed the California bar exam, compared with 83 percent in New York.