Broc Romanek of TheCorporateCounsel.net Blog provides some interesting commentary on the recent case of SEC v. Gemstar-TV Guide International issued last week by the 9th Circuit which “ruled en banc that severance payments – at least those in the 5x base salary range – are ‘extraordinary payments’ under the meaning of Section 1103 of Sarbanes-Oxley.”
9th Circuit Decision on Severance Arrangements
Broc Romanek of TheCorporateCounsel.net Blog provides some interesting commentary on the recent case of SEC v. Gemstar-TV Guide International issued last week by the 9th Circuit which "ruled en banc that severance payments – at least those in the 5x…