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Internal Revenue Code

Feb 07, 2012

There Are Potential Pitfalls to “The $100 Million Giveback”

The compensation package of Eugene Isenberg, former CEO and now chairman of Nabors Industries, Ltd., including a proposed $100 million termination payment, illustrates the far extreme of executive compensation.  While institutional shareholders brought suit to challenge his compensation, wasn’t there due diligence before investments were made? » Read More

Jan 23, 2012

Be Wary As Companies Consider Modifying Deferred Compensation

Great title for the Wall Street Journal‘s article “Wall Street Pay Gets Even Trickier to Figure” — executives be wary as company consider modifying deferred comp arrangements. If not done properly, IRS Code 409A liability can be triggered with the executive bearing the unintended financial responsibility. » Read More