Mission Coal Company – Union Objects “Incredulously” to Proposed KEIP and KERP, Suggests Management Bonuses Should be Clawed Back

December 12, 2018 – The United Mine Workers of America objected [Document No. 417] to the Debtors’ proposed Key Employee Incentive Plan (the “KEIP”) and Key Employee Retention Plan (the “KERP”)  [Docket No. 354].    The objection states, “It is undisputed that Debtors did not consult union representatives in the design of the retention programs…