"Executive Compensation and Benefits Alert: ISS Releases FAQs Regarding Peer...
New ISS Peer Group Methodology - One of the most controversial issues during the 2012 proxy season was the degree to which the peer groups chosen by Institutional Shareholder Services (ISS) varied from...
View Article"Executive Compensation and Benefits Alert: Annual Meeting Litigation: How to...
As the 2013 proxy season is now underway, companies should be aware of the recent wave of lawsuits alleging breaches of fiduciary duties by management and directors in connection with...
View Article"Executive Compensation and Benefits Report: Proposed Regulations Highlight...
On April 1, 2013, the Internal Revenue Service issued proposed regulations providing guidance on the $500,000 deduction limit for compensation paid by certain health insurance companies to their...
View Article"Executive Compensation and Benefits Alert: Skadden’s 2013 Proxy Watch:...
Early Lessons From the 2013 Proxy Season - As Skadden monitors the initial weeks of the 2013 proxy season, we are seeing the following preliminary trends: Vote Results - Of the first 279 companies of...
View Article"Deadline Approaching for Compensation Committee Charter Amendments"
As a reminder, by July 1, 2013, compensation committee charters must comply with the new New York Stock Exchange (NYSE) and Nasdaq Stock Market (Nasdaq) listing requirements that were approved by the...
View Article"The Landscape of CEO Succession Issues"
A board’s decision as to whether, when and how to terminate the employment of a CEO and hire a successor is among the most critical decisions facing the board of any company — large or small, public or...
View Article"Executive Compensation and Benefits Alert: Skadden’s Proxy Watch: Latest...
As the 2013 proxy season heads into its final weeks, we are continuing to monitor say-on-pay vote results and supplemental filing trends, as well as the most recent waves of proxy-related litigation,...
View Article"Executive Compensation and Benefits Alert: California Reduces Its 409A...
In a rare piece of good news relating to Section 409A of the Internal Revenue Code, on October 4, 2013, California reduced its additional state tax on income failing to comply with Section 409A from 20...
View Article"Executive Compensation and Benefits Alert: Ways and Means Tax Reform Bill...
House Ways and Means Committee Chairman David Camp (R-Mich.) has proposed a draft tax reform plan (the Proposal) containing sweeping changes to the Internal Revenue Code (the Code), including a number...
View Article"Executive Compensation and Benefits Alert: IRS Section 409A Audit Initiative...
Since the adoption of Section 409A of the Internal Revenue Code, employers and practitioners have wondered when and how the IRS would enforce it. With the recent IRS announcement of an audit initiative...
View Article2015 Compensation Committee Handbook
Preface - The duties imposed on compensation committees of publicly traded companies have evolved and grown over time. This first edition of the Compensation Committee Handbook from the lawyers of the...
View Article"ISS Issues ‘Frequently Asked Questions’ Guidance for 2015"
As part of its ongoing rollout of its 2015 policy updates, Institutional Shareholder Services (ISS) has issued “Frequently Asked Questions” guidance with respect to both its 2015 Compensation Policies...
View ArticleDepartment of Labor Proposes New Fiduciary Regulation and Prohibited...
On April 20, 2015, more than three years after withdrawing a similar proposal that was staunchly opposed by the financial services industry, the U.S. Department of Labor (DOL) published in the Federal...
View Article"SEC Adopts CEO Pay Ratio Disclosure Requirements"
On August 5, 2015, in a 3-2 vote, the U.S. Securities and Exchange Commission (SEC) adopted final rules implementing the controversial “CEO pay ratio” disclosure requirements that were proposed in 2013...
View Article2016 Compensation Committee Handbook
The Executive Compensation and Benefits Group at Skadden, Arps, Slate, Meagher & Flom LLP is pleased to provide you with this second edition of its Compensation Committee Handbook. This edition...
View Article"Director Compensation in the Spotlight"
Individuals serving on company boards of directors should carefully examine director compensation programs and decisions involving their own compensation following an April 30, 2015, ruling by the...
View Article"Majority of Say-on-Golden-Parachute Votes Receive Shareholder Support"
Pursuant to the Dodd-Frank Act, Securities and Exchange Commission rules require companies seeking shareholder approval of a merger or acquisition to also hold a separate shareholder advisory vote on...
View Article"Executive Compensation and Benefits Alert: Court Ruling Signals Potential...
On March 28, 2016, the U.S. District Court for the District of Massachusetts held that three private equity (PE) funds were jointly and severally liable for the multiemployer pension plan withdrawal...
View Article"Labor Department Redefines ‘Fiduciary’ for ERISA and Internal Revenue Code...
On April 6, 2016, the Department of Labor (DOL) issued a widely anticipated final regulation that redefines who is a “fiduciary” of certain employee benefit and other plans for purposes of the Employee...
View Article"New Rules Impact Compensation Arrangements of Governmental and Tax-Exempt...
On June 22, 2016, the IRS published much-anticipated proposed regulations under Internal Revenue Code Section 457 impacting certain plans maintained by state or local governments or other tax-exempt...
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