Rite Aid Corp.’s (NYSE: RAD) bankruptcy proceedings have hit a snag as the company’s main lenders demand a reduction in the proposed $20 million payout to Chief Executive Officer Jeffrey Stein. The pay package has become a point of contention in the ongoing negotiations that began when the pharmacy chain filed for Chapter 11 protection in October.

The company had previously postponed a key court hearing in April to finalize a deal that would cut $2 billion in debt, resolve opioid-related lawsuits, and end Rite Aid’s extended bankruptcy stint. However, creditors have expressed concerns over the company’s liquidity and ability to support its emergence from bankruptcy.

In addition to the proposed $20 million payout, Stein, who was appointed CEO on the day Rite Aid filed for bankruptcy, has been collecting $300,000 in monthly consulting fees, drawing criticism from committees representing opioid victims.

Rite Aid’s restructuring plan aims to allow creditors to take over the struggling chain and exit bankruptcy protection as a going concern. The company’s legal team has sought to reassure creditors of the chain’s survival, citing ongoing work with banks and a key bondholder group to finalize a rescue deal.

To support the restructuring and build up cash reserves, the creditor group has recently agreed to provide an additional $75 million in incremental financing. As negotiations continue, lenders are also asking advisers to cut their fees, with some agreeing to do so.

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