The US District Court for the District of Massachusetts recently ruled that two private equity funds were trades or businesses and in common control with a bankrupt company, and thereby liable for the multiemployer pension plan withdrawal liability obligations of the bankrupt company.
Companies granting employee share scheme (ESS) rights (such as options and restricted stock units) to employees in Australia are required to report all taxable events that occur in relation to their employees’ ESS interests during the tax year (July 1 to June 30).
The IRS’s proposed closed plan regulations included a proposal unrelated to closed plans that could limit plan sponsors’ ability to offer enhanced executive benefits under their qualified retirement plans.
Last year, the Delaware Court of Chancery issued an opinion that reflects increased judicial scrutiny of equity awards made to non-employee directors.
Most companies that consider going public evaluate their executive compensation programs and agreements prior to an initial public offering (IPO).
As we approach the end of 2015, it’s a good time for companies to review their equity compensation plans to see if any action items will be required for 2016.
As we approach the end of the calendar year it is not too early (nor too late) to start discussions about actions that may need to be taken next year relating to Internal Revenue Code (IRC) Section 162(m) (Section 162(m)) performance grants.
Earlier this year, the Internal Revenue Service proposed regulations that address when an allocation of income by a partnership to a partner in exchange for services is really a disguised fee that should be taxable to the service provider, not as a partnership allocation, but as ordinary compensatory income.
Earlier this week, we posted the first 8 of 15 recommended steps to consider when submitting an equity plan for shareholder approval.
There was a time when seeking shareholder approval of an equity compensation plan was a fairly simple process.