The Federal Trade Commission’s (FTC) ban on noncompetition covenants (“noncompetes”) could significantly impact the design and administration of employee benefits and executive compensation arrangements....more
7/16/2024
/ Employee Benefits ,
Employment Contract ,
Executive Compensation ,
Federal Trade Commission (FTC) ,
Final Rules ,
Forfeiture ,
Non-Compete Agreements ,
Restricted Stocks ,
Restrictive Covenants ,
Severance Agreements ,
Unfair Competition
Notwithstanding the current economic uncertainty, corporate transaction activity has remained steady, meaning buyers continue to address issues relating to a target company’s qualified retirement plans, such as a 401(k) plan....more
In January 2019, the Internal Revenue Service (IRS) issued Notice 2019-09, which provides interim guidance for Section 4960 of the Internal Revenue Code of 1986. As a reminder, Section 4960 imposes an excise tax of 21 percent...more
2/6/2019
/ Colleges ,
Congressional Committees ,
Covered Employees ,
Excise Tax ,
Executive Compensation ,
Golden Parachutes ,
Interim Guidance ,
Internal Revenue Code (IRC) ,
IRS ,
Tax Cuts and Jobs Act ,
Universities