Nardelli's severance
A bidding war arose for their services; Boeing picked up McNerney, and Home Depot agreed to pay the price of a New York Yankees infield to get Nardelli—a price that included a negotiated gigantic severance at the back end.
The Small Business and Work Opportunity Act of 2007, “Severance
Today the Senate overwhelmingly approved the Small Business and Work Opportunity Act of 2007. Sections 206 (pg. 79) and 214 (pg. 98) include amendments to the Internal Revenue Code that would significantly curtail any employee’s
Be careful with the language used in severance releases pdf.
After all, one of the main considerations for payment of severance is to obtain a release and waiver of the right to sue from the employee. However, based on recent case law and EEOC litigation, employers must be very careful about the
Sixth Circuit Court of Appeals Holds that a Release With a No
In Kellogg Company v. Sabhlok, 471 F. 3d 679, (6th Cir. 2006), the Sixth Circuit Court of Appeals considered a challenge to a general release executed by an employee in exchange for an enhanced severance package
Wrangler Weekly: Charkaoui v. Canada
"Severance is used by the courts so as to interfere with the laws adopted by the legislature as little as possible. Generally speaking, when only a part of a statute or provision violates the Constitution, it is common sense that only
Law and Disorder January 1, 2007
Pfizer, the drug company, paid a “severance package” of $200 million to its just-resigned chief executive. Many other large corporations acted similarly. All this is legal, given the laws and rules that corporations win from their
SEVERANCE PAYMENTS UNDER THE LAWS OF THE NETHERLANDS ANTILLES
The employer’s obligation to award severance pay concerns imperative law from which parties, as the third paragraph of Article 3 of the Ordinance shows, can only be deviated from to the advantage of the employee.
Storetrax.com, Inc. v. Gurland Ct. of Special Appeals
Respondent delivered to Storetrax on 11 December a letter outlining in detail his claimed entitlement to severance benefits under the termination provisions of the employment agreement. In this letter, Gurland stated specifically that
Employment Rules :: China Business Blog
HR issues are already among the most pressing faced by managers in China (see here on the talent squeeze and war for talent and retention), but the FT reports even tougher times ahead due to employment contract law and increasing
Severance Agreements - sometimes affected by employee leverage
Similarly, statutory leverage may be in place in an instance where an employer violated a state or federal law, such as anti-discrimination. Lastly, tort leverage exists where the company has defamed or in some manner damaged the

Manchin's switch disappoints gas industry officials Charleston Daily Mail
A spokesman for Chesapeake Energy Corp. said the company is still evaluating how it will react to Gov. Joe Manchin's decision to change his mind and not call a special legislative session to address a $404 million verdict against Chesapeake and other natural gas companies.
Microvision Announces Fourth Quarter/Fiscal Year 2006 Results and Goals for 2007 Business Wire via Yahoo! Finance
REDMOND, Wash.----Microvision, Inc. , a global leader in light scanning technologies, today reported operating and financial results for the fourth quarter and fiscal year of 2006 and announced its operating goals for 2007.
Secrecy breeds distrust Whittier Daily News
Secrecy is used by elected officials to ensure their control over decision-making. But ultimately, this breeds distrust and erodes the people's confidence.
Revlon Reports Fourth Quarter and Full Year 2006 Results Business Wire via Yahoo! Finance
NEW YORK----Revlon, Inc. today announced results for the fourth quarter and full year ended December 31, 2006. Net loss for the fourth quarter was $5.5 million versus net income of $64.3 million in the fourth quarter of 2005.
Coalfield residents offended Charleston Daily Mail
MADISON -- Coal country residents are appalled by an advertising war in Texas that is bombarding residents there with images of soot-covered faces and the message, "Coal Is Filthy."
Shamir Optical Industry Ltd. Reports Fourth Quarter and Year-End 2006 Results PR Newswire via Yahoo! Finance
Shamir Optical Industry Ltd. , a leading provider of innovative products and technology to the progressive ophthalmic lens market, today announced unaudited financial results for the fourth quarter and year ended December 31, 2006.
Roofer agrees to settle class-action suit Honolulu Star-Bulletin
A pending class-action settlement may soon bring some Hawaii consumers closure six years after a Canadian roofing contractor closed up shop, leaving them with leaky roofs, useless lifetime warranties and, in some cases, large debts.
Sentencing of hospital executive closes chapter on scandal The Burlington Free Press
The Fletcher Allen Health Care expansion scandal -- a multimillion-dollar imbroglio that toppled the hospital's leadership, shattered the facility's reputation and led to criminal charges and resulted in millions in fines and recompense -- ended Friday with the sentencing of the final executive whose career the affair consumed.
Clamp-down on oil Journal-Advocate
DENVER — Colorado’s lawmakers advanced three bills this week aimed at increasing regulation and parency in the development of the state’s vast natural gas resources.
FILINGS : Legislative summary NWAnews.com
This is a partial summary list of bills (by bill number, lead sponsor and title) introduced Monday in the 86th General Assembly, except for appropriation bills, which, along with other bills and resolutions, may be found at the legislative Web site: www.arkleg.state.ar.us. (Arkansas Democrat-Gazette Northwest Edition)severance+laws: severance+laws