Severance Agreements

Employment Lawyer Scott Oswald Presents at DC Bar

Tuesday, June 15th, 2010 | Breach of Contract, Executive Compensation, Executive Compensation Attorney, Noncompete Litigation, Noncompetition Litigation, Severance Agreements | No Comments

On June 14, 2010, Scott Oswald, Principal at The Employment Law Group® law firm, spoke at a D.C. Bar CLE event entitled “Fundamentals of Employment Law:  Establishing the Employment Relationship.”  For more information about upcoming speaking engagements featuring the employment attorneys of TELG, click here.

President Caps Executive Pay at $500K

Thursday, February 5th, 2009 | Executive Compensation, Severance Agreements | No Comments

Yesterday, President Obama announced that senior executives of companies receiving the most funds from the Troubled Assets Relief Program (TARP) will have their pay capped at $500,000.  The decision to limit executive compensation follows a report that financial institutions that received money from the economic bailout paid as much as $18 billion in bonuses in the last year despite the economic crisis.  In addition to limiting executive compensation, the plan to protect taxpayers’ interests also includes:

  • Decreasing severance pay for top executives who leave TARP funded institutions;
  • Increasing the number of senior executives subject to the golden parachute rule;
  • Restricting the liquidation of stock incentives until government funds are repaid; and 
  • Requiring corporate boards to modify their policies on executive perks.

To learn more about The Employment Law Group® law firm’s Executive Counsel Practice, go to http://www.employmentlawgroup.net/PracticeAreas/Executive-Compensation.asp.

The Employment Law Group® Law Firm Will Speak At Seminar About Severance Agreements

Monday, December 15th, 2008 | Severance Agreements | No Comments

Scott Oswald, a Principal at The Employment Law Group® law firm will speak about severance agreements at an event sponsored by the D.C. Bar Labor and Employment Law Section on January 29, 2009.  The seminar will provide an overview of severance negotiations and employment contract litigation, including practical tips for executive and non-executive employees.  For more information about this event, click here.

Follow Us On

Search