Executive Counsel Blog

Verdicts, settlements and filings related to noncompete agreements, trade secrets and executive pay as well as items regarding the Employment Law Group.

Author: The Employment Law Group is located in Washington, D.C. It also authors Whistleblower Law Blog, Unpaid Overtime Blog, USERRA Rights Blog and Workplace Discrimination Blog.

Blawg Related Categories: Intellectual Property Law • Labor & Employment • Law Firm

Recent Posts from Executive Counsel Blog

Amendments to Proposed Health Bill Lower Deductibility of Insurance Executive Pay
On October 1, 2009, the Senate Finance Committee, by a vote of 14-8, approved an amendment proposed by Sen. Blanche Lincoln (D., Ark.) which would lower the current executive pay tax deduction from $1 million…
The Employment Law Group® Law Firm Publishes Article on Non-Compete Litigation
Litigation News has published an article by Scott Oswald and Jason Zuckerman of The Employment Law Group® law firm on non-compete litigation. The article discusses strategies for defending non-compete claims, including filing a declaratory judgment…
White House to Announce New Rules on Executive Pay
Today, the Obama administration is scheduled to announce proposals that would give shareholders more input on executive compensation and ensure that corporate compensation committees have more independence when determining executive pay. The first proposal, known…
Former Executive Wins $4.1 Billion in Employment Contract Dispute
A California Court has recently confirmed an arbitration award of $4.1 Billion for a former executive in a suit against his former employer, iFreedom Communications, Inc. (iFreedom). The award, which is being touted as the…
Jury Awards $130 Million to Minnesota Dentists
A Hennepin County jury has awarded PDG P.A. (“PDG”), a Twin Cities dental group, more than $130 million in damages for multiple claims, including breach of contract and tortious interference. The verdict stems from a…
House Passes New Bill with More Restrictions on Executive Pay
The House has approved H.R. 1664, the Pay for Performance Act of 2009, to restrict executive compensation at companies that have received funds from the Troubled Assets Relief Program (TARP). The decision to impose additional…
Homebuilder Agrees to Pay $4 Million to Former Executives in Breach of Contract Dispute
Standard Pacific Corp. (“SPC”) has agreed to pay a total of $3.95 million to two former executives to resolve a breach of contract dispute. According to the former executives, SPC breached their employment agreement when…
New FINRA Rules Limit Motions to Dismiss in Arbitration
The Securities and Exchange Commission (“SEC”) has approved new rules to the Financial Industry Regulatory Authority (“FINRA”) Code of Arbitration Procedure, which severely limits a party’s right to file a motion to dismiss during arbitration. …
President Caps Executive Pay at $500K
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…
Defamatory Statements Must be Considered as a Whole, Not Piecemeal
In Hyland v. Raytheon Technical Services Company decided January 16, 2009, the Virginia Supreme Court held that the whole alleged defamatory statement must be analyzed by the court to determine as a matter of law…