With
Anne L. Bruno
On May 31, 2019, in Stein v. Blankfein, et. al., the Delaware Court of Chancery reaffirmed the Delaware Supreme Court's holding in In re: Investors Bancorp, Inc. Stockholder Litigation that the "entire fairness" standard ...
New Jersey Governor Phil Murphy recently signed into law a bill that provides equal pay protections for members of certain protected classes.
Given the ever-increasing reliance on digital technology, employees are more and more tethered to their smartphones – checking email during their commute ...
With
Anne L. Bruno,
Jessica Catlow,
Pamela Greene,
David Lagasse
The Tax Cuts and Job Act of 2017 was recently signed into law creating two important changes in executive compensation, which we outline below.
Beginning on October 31st, New York City employers will be prohibited from inquiring about or relying on salary history during the hiring process.
The Act will be funded by employee contributions and, when fully implemented, the employee will be entitled to up to 2/3rds of the state average weekly salary.
With
Pamela Greene
Earlier this month, in In re Investors Bancorp, Inc. Stockholders Litigation, the Delaware Court of Chancery reiterated its view that placing a meaningful limit on director equity awards...
With
George Patterson
2016 brought big changes for New York State and City employers, including expansive new discrimination protections and substantial increases in the minimum wage and exempt salary thresholds.
With
Michael Arnold
The law will be funded by employee contributions and, when fully implemented, the employee will be entitled to up to 2/3rds of the state average weekly salary.
With
Pamela Greene
SEC Acting Chairman Michael S. Piwowar issued a public statement on February 6, 2017 requesting input on any unexpected challenges that companies have experienced as they prepare for compliance with the CEO pay ratio rule, . . .
Institutional Shareholder Services ("ISS") has issued updated proxy voting guidelines, including an update to guidelines related to director compensation and the equity plan scorecard.
The CD&Is further clarify that companies cannot use hourly or annual rates of pay as the sole CACM.
Institutional Shareholder Services Inc. ("ISS"), the influential proxy advisory firm, recently released their 2016-2017 Global Policy Survey results.
The Ninth Circuit held that Section 304 of the Sarbanes-Oxley Act allows for a clawback of CEO and CFO compensation regardless of whether the clawback was triggered by personal misconduct.
Due to the significant potential tax benefits involved in making the 83(b) election, the IRS has very stringent procedural rules.
