Ditech Holding Corporation – Seeks Approval of $2.5mn in KEIP for 31 Employees, Bonuses Could Hit $30.1mn for 12 Employees in Sale Transaction

March 20, 2019 – The Debtors requested Court approval for a key employee incentive plan (the “KEIP”) that would cover 31 employees and have an estimated cost of $2.5mn. The KEIP also includes terms relating to a subset of 12 employees that would apply should the Debtors choose to “toggle” from a reorganization transaction to…