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Court rules that private equity funds may be responsible for portfolio company’s pension liability

  • McGuireWoods LLP
  • -
  • USA
  • -
  • August 1 2013

For the first time, a Federal Court of Appeals has ruled that two private equity funds are "trades or businesses" that could be liable for the

SEC delays some Dodd-Frank executive compensation rules

  • McGuireWoods LLP
  • -
  • USA
  • -
  • August 2 2011

On July 29, 2011, the Securities and Exchange Commission (SEC) delayed its schedule for adopting rules on the four principal remaining executive compensation rules to be issued under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act

Clarifications proposed to million dollar compensation deduction limit

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 6 2011

The IRS has proposed new regulations clarifying two aspects of the Code Section 162(m) performance-based compensation exemption from the $1 million deduction limit for compensation payable to certain executives of public companies