As we reported last week, the tax reform bill released by House Republicans (the "House Bill") would eliminate deferred compensation and stock options, and then on Tuesday, November 7, the House Bill was amended to restore...more
11/14/2017
/ Compensation & Benefits ,
Deferred Compensation ,
Executive Compensation ,
Legislative Agendas ,
Proposed Legislation ,
Section 162(m) ,
Stock Options ,
Tax Code ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
On November 2, 2017, House Republicans released their highly anticipated tax reform proposal formally named the Tax Cuts and Jobs Act (the "Act"). The Act must be approved by both the House and the Senate and signed by the...more
11/8/2017
/ Adoption ,
Compensation & Benefits ,
Defined Contribution Plans ,
Dependent Care Assistance Program (DCAP) ,
Distribution Rules ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Hardship Distributions ,
Individual Retirement Account (IRA) ,
IRA Rollovers ,
Medical Expenses ,
Pensions ,
Repeal ,
Roth IRA ,
Tax Credits ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Reform ,
Trump Administration
This is our first of many alerts during 2017 as the new administration signals the rollback of many regulations (e.g., fiduciary rules and pay ratio). We will keep you posted.
In January 2017, the Internal Revenue...more
This Alert is an update to last year's Client Alert on the same topic, which also discussed how to win a proxy fight despite a "no" recommendation from Institutional Shareholder Services ("ISS") and/or Glass Lewis. The...more
3/31/2016
/ BlackRock ,
Executive Compensation ,
Glass Lewis ,
Institutional Shareholder Services (ISS) ,
Morgan Stanley ,
Pay-for-Performance ,
Proxy Advisors ,
Proxy Season ,
Proxy Voting Guidelines ,
Say-on-Pay ,
Shareholders ,
Vanguard
The SEC recently adopted its final pay ratio disclosure rules. Commencing in early 2018, public companies[1] will have to disclose (i) their CEO's total annual compensation, (ii) the median total annual compensation of all...more
8/24/2015
/ CEOs ,
Compliance ,
Cost-of-Living Adjustment (COLA) ,
Data Privacy ,
De Minimus Quantity Exemption ,
Disclosure Requirements ,
Executive Compensation ,
Foreign Corporations ,
Foreign Jurisdictions ,
Foreign Workers ,
Form 10-K ,
Form 10-Q ,
Form 8-K ,
Full-Time Employees ,
Median Employee ,
Part-Time Employees ,
Pay Ratio ,
Proxy Statements ,
Seasonal Workers ,
Securities and Exchange Commission (SEC) ,
Temporary Employees
As accounting restatements occur relatively infrequently, and the severity is often modest, the proposed “clawback” rules represent more of a "check the box" compliance activity than a real enforcement threat....more
7/24/2015
/ Board of Directors ,
Clawbacks ,
Compensation Committee ,
Compliance ,
Corporate Officers ,
Disclosure Requirements ,
Executive Compensation ,
Financial Statements ,
Form 8-K ,
Former Directors ,
Pay-for-Performance ,
Performance Incentives ,
Securities and Exchange Commission (SEC) ,
Shareholders