Employee Benefits Alert: Executive Compensation Significantly Restricted by Economic Stimulus Package


On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Tax Act of 2009 (the “Act”), which amended the Troubled Asset Relief Program

(TARP). The Act restricts executive compensation payable by TARP recipients in numerous ways, including, but not limited to....

Please see full alert for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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