No matter Dura's outcome, Denton in win-win.(News)(Dura Automotive Systems Inc.)

From: Crain's Detroit Business | Date: November 12, 2007| Author: Sherefkin, Robert | Copyright information

Byline: Robert Sherefkin Automotive News

Dura Automotive Systems Inc. has handed out pink slips to hundreds of employees as it struggles to leave Chapter 11 bankruptcy reorganization. But if CEO Larry Denton ends up laid off, you won't need to feel sorry for him.

Denton would get $1.84 million if terminated without cause, according to court documents. That's just one of several possible scenarios. Denton does well under all of them.

"If the company...

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