Impact of the Emergency Economic Stabilization Act on Executive Compensation and Benefit Plans

ABA JOINT COMMITTEE ON EMPLOYEE BENEFITS  • DATE: October 16, 2008
SPONSORS: The Sections of Business Law, Health Law, Labor and Employment Law, Real Property, Trust and Estate Law, Taxation, and Tort Trial and Insurance Practice; and the American College of Employee Benefits Counsel

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A 90-minute TeleConference/Live Audio Webcast
THURSDAY, OCTOBER 16

1:00-2:30 pm ET / 12:00-1:30 pm CT / 11:00 am-12:30 pm MT / 10:00 am-11:30 am PT 

The Emergency Economic Stabilization Act of 2008 (EESA) imposes significant restrictions on compensation and severance paid to senior executive officers of participating financial institutions and imposes new corporate governance standards.  In addition, EESA restricts the use of offshore deferred compensation.  Topics covered in this program will include:

  • Restrictions on compensation and severance payments
  • Who is covered - will there be a trickle down effect?
  • New corporate governance standards
  • New "golden parachute" rules
  • New 162(m) restrictions
  • New Code Section 457A and the future of offshore deferred compensation 
  • New implications for pension plans

Moderator: Martha N. Steinman, Dewey & LeBoeuf LLP, New York, NY

Panelists: Mark A. Borges, Compensia, Inc., Corte Madera, CA; Elizabeth Drigotas, Deloitte Tax LLP, Washington, DC; William Sweetnam, Groom Law Group, Washington, DC

Please make checks payable to ABA-JCEB and mail to Registrar, 740 15th Street, N.W., Washington, DC 20005

   
Executive Compensation Restrictions in the Financial Bailout Bill
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