News & Analysis as of

Board of Directors Wages

Burns & Levinson LLP

No Individual Liability for Board Members and Investors Under MA Wage Act

Burns & Levinson LLP on

As I have written before, the Massachusetts Weekly Payment of Wages Act obligates employers to pay all earned wages to employees in a timely fashion. The Wage Act also specifies that the “president and treasurer of a...more

Levenfeld Pearlstein, LLC

Rules for rewarding 'super' condo board members

Chicago Tribune Condo Adviser columnist Howard Dakoff discusses the way in which "super" board members who go above and beyond the call of duty could be compensated for their extra service. Howard is a partner in the...more

Orrick - Finance 20/20

Directors Remuneration: Enterprise and Regulatory Reform Act 2013 Published

On May 2, the Enterprise and Regulatory Reform Act 2013 (ERRA) was published. The ERRA amends the Companies Act 2006 and introduces the following key changes to the legal framework for directors’ remuneration in quoted...more

K&L Gates LLP

Maximizing Legal Protections for Directors of Nonprofit Corporations: A Timely Topic in Today’s Dangerous World

K&L Gates LLP on

Much like their counterparts on the boards of public companies, board members of many nonprofit corporations increasingly, and quite understandably, are raising questions concerning their potential personal liability and the...more

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