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The Honolulu Advertiser

Posted at 2:22 p.m., Wednesday, October 26, 2005

Gotbaum should get $250,000, Judge says

Advertiser Staff

Josh Gotbaum, Hawaiian Airlines former bankruptcy trustee, should receive a $250,000 bonus instead of the $8 million he requested, according to a tentative ruling issued today by U.S. Bankruptcy Judge Robert Faris.

Faris is scheduled to hold a hearing tomorrow on Gotbaum's request.

In a filing today, Faris said that Gotbaum should receive the $1.153 million in salary that he has already been paid; $276,000 in housing, automobile and other expenses; and a $250,000 bonus.

Several parties in Hawaiian's bankruptcy case have argued that Gotbaum should receive no bonus.