John R. Cornell

IRS Begins Section 409A Audits
John R. Cornell, M. Travis DeHaven, Dennis B. Drapkin, Daniel C. Hagen, Colleen M. Hart, Karl L. Kellar, Rory D. Lyons, Manan Shah, Charmaine L. Slack, November 10, 2009
The Internal Revenue Service ("IRS") has begun auditing companies' compliance with Section 409A of the Internal Revenue Code ("Section 409A"). This news may come as an unwelcome surprise to many who were hoping that the complexities and uncertainties of Section 409A might delay...

Executive Compensation Tax Rules May Require Year-End Planning
John R. Cornell, Dennis B. Drapkin, Daniel C. Hagen, Rory D. Lyons, Manan Shah, Charmaine L. Slack, October 21, 2009
As 2009 winds down, companies should consider a number of executive compensation tax rules that are sensitive to year-end deadlines. This Commentary discusses (i) planning opportunities under Code Section 409A to address potential tax rate increases on deferred compensation, (ii) how typical...

Revised Executive Compensation Requirements for Participants under the Troubled Assets Relief Program
John R. Cornell, Daniel C. Hagen, Dennis B. Drapkin, Louis Rorimer, Rory D. Lyons, Manan Shah, Stephen P. Coolbaugh, March 5, 2009
On February 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 ("ARRA"), widely described as the Stimulus Bill.