Verity Health System – Court Approves Amended KEIP as SGM Sale Delays Threatened to Leave Key Employees Out of the Money

November 8, 2019 – The Court hearing the Verity Health System (“VHS”) case approved the Debtors’ amended key employee incentive plan (the “KEIP”) [Docket No. 3565] to allow for asset sale delays and keep KEIP employees within the scope of the plan. The Debtors' motion [Docket No. 3240] stated, “The first stage occurred relatively quickly…