News & Analysis as of

Salary Caps

What Kind Of California Corporation Must Include A Salary Limitation In Its Articles Or Bylaws?

by Allen Matkins on

I suspect that at least a few California corporate lawyers are unaware of a provision in the California Corporations Code requiring the articles or bylaws of certain corporations to contain a limitation on the salaries paid...more

New Jersey Supreme Court Says Salary Step Increments are Negotiable, but Avoids Dynamic Status Quo Issue

by Genova Burns LLC on

In a highly anticipated decision, the New Jersey Supreme Court held that the issue of salary step increments is a mandatorily negotiable term and condition of employment. However, the Court did not decide whether New Jersey’s...more

New bill regarding the safeguarding of competitiveness

by DLA Piper on

The Act of 19 March 2017 modifying the Act of 26 July 1996 (Act on the Salary Standard) creates a new framework for the social partners to determine the salary standard. This salary standard establishes the maximum margin by...more

The Browns Employ Creative Use of NFL Salary Cap Structure For Future Success

by Jackson Lewis P.C. on

In a league well known for the copycat tendencies among its franchises, the Cleveland Browns may have set a new National Football League (NFL) standard for evaluating and completing trades. After flirting with a 0-16...more

Anti-Trust Laws Can Impact HR Departments

by Cozen O'Connor on

You can add anti-trust laws to the long list of legal risks that must now be managed by corporate HR departments. According to a recent guidance document prepared by the Federal Trade Commission and the Department of Justice,...more

TIA publishes Remuneration Principles Update

by Dentons on

TIA has published an update on its Principles of Remuneration for 2015. It highlights the changes, making it clear that members now expect long-term incentives should have a performance and holding period of at least five...more

Federal Court Approves $415 Million Settlement of Employee Antitrust Claims Against California Technology Employers

by FordHarrison on

On September 2, 2015, a federal trial court in California approved a $415 million settlement of an antitrust class action filed against a number of Silicon Valley technology employers, including Apple Inc. and Google, among...more

DOL Investigation Tactics and Pending Proposed Rule Come Under Fire During House Hearing

by Littler on

In anticipation of the imminent release of the Department of Labor's proposed rule revising the white collar overtime exemption under the Fair Labor Standards Act (FLSA), the House Subcommittee on Workforce Protections held a...more

Sports, Media and Entertainment Intelligence - May 2015 (Global)

by DLA Piper on

COPYRIGHT - Belgium: Even a world famous painter needs to respect copyright - It has been held that the well-known Belgian painter Luc Tuymans breached professional photographer Katrijn Van Giel's copyright through his...more

Australia: Perth Glory suspended, fined and going to Supreme Court

by DLA Piper on

Perth Glory have been fined $269,000 and ejected from the finals series of the A-League after being found guilty of salary cap breaches....more

HEAL Advisory: Recent Decision Casts More Uncertainty Over New York Executive Order 38's Cap on Executive Compensation

by Epstein Becker & Green on

With so many questions surrounding the implementation of the New York State ("NYS" or "State") Governor's Executive Order 38 cap on executive compensation (and administrative expenses), most stakeholders expected...more

HUD challenge to executive compensation

by Ballard Spahr LLP on

On Friday, May 16th, HUD released compensation data from the 2013 Executive Compensation Survey, in which Public Housing Agencies (PHAs) were required to report salary information from their top 3 management officials and...more

Proposal Seeks To Make California The Artificer And Enforcer Of Caps On Executive Compensation

by Allen Matkins on

Earlier this month, Secretary of State Debra Bowen announced that the proponents of an initiative measure could begin collecting petition signatures for their measure. If this measure makes it on to the ballot and is...more

European Banking Authority Guidance on Financial Services Bonus Cap

by Morgan Lewis on

Affected financial institutions and investment firms will need to overhaul the way they remunerate many of their highest-paid staff....more

UK Employment Alert No 209: Update on The Proposed European Cap on Bank Bonuses

by McDermott Will & Emery on

Following recent discussions on this topic, lawmakers in the European Parliament have now adopted legislation intended to cap the value of bonuses paid to certain bank staff....more

NHL's Lawyer: Lockouts Are 'Necessary' Weapons

by Bloomberg Law on

Feb. 12 (Bloomberg) -- Robert Batterman, senior member of the Sports Law Group at Proskauer Rose LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of the National Hockey League during recent negotiations...more

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