Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Sales Consultant

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Pension Administrator

PPS Pension Services
(Remote / Williamsville NY / Hybrid)

PPS Pension Services logo

Relationship Manager - Defined Contributions

Daybright Financial
(Remote)

Daybright Financial logo

Retirement Plan Onboarding Specialist

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Plan Administrator II

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Plan Consultant II

MAP Retirement
(Remote / Jacksonville FL)

MAP Retirement logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Sixth Circuit: Golden Parachute Payments Not Illegal Merely Just Because They're Excessive and Grossed Up for Taxes
U.S. Court of Appeals for the Sixth Circuit via FindLaw Link to more items from this source
[Opinion]
Feb. 5, 2001

Campbell v. Potash Corp. (6th Cir. February 02, 2001). Excerpt: [Appellant] next argues that the golden parachutes violate public policy, and therefore that the assumption agreement promising them is void.... [Appellant] cites no circuit case law supporting its proposition. At most this court has frowned on golden parachutes in past dicta, but we have never held that such severance packages are per se unlawful.  MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).