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Code Section 162(m) guidance issued regarding deductibility of dividends and dividend equivalents in equity awards

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • August 20 2012

The IRS recently issued an important ruling on whether dividends and dividend equivalents related to restricted stock and restricted stock units (“RSUs”) can be treated as performance-based compensation for purposes of Code Section 162(m

Public companies need to review equity compensation arrangements asap

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • September 16 2011

In our recent blog about public equity compensation arrangements, we noted inconsistencies regarding the effective date of new guidance

DOL urges Sixth Circuit to weaken presumption of prudence of plan fiduciaries in stock drop cases

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • August 5 2011

The United States Department of Labor (“the DOL”) has challenged the dismissal of a 401(k) plan fiduciary breach claim on two grounds, in an amicus brief filed with the Sixth Circuit Court of Appeals

Wall street reform legislation requires public companies to revise clawback policies

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • August 19 2010

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"

Wall street reform legislation requires public companies to revise clawback policies

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • August 11 2010

President Obama, on July 21, 2010, signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"