ISS Issues 2012 Policy UpdatesStuart N. Alperin,Brian V. Breheny,Marc S. Gerber,Neil M. Leff,Regina Olshan,Joseph M. Yaffe, December 1, 2011
Institutional Shareholder Services (ISS), an influential proxy advisory firm, annually updates the policies that underlie its voting recommendations to its institutional investor clients. On November 17, 2011, ISS issued its policy updates applicable to shareholder meetings occurring on or after...
Proposed 162(m) Regulations Raise Questions for Certain Pre-IPO Equity GrantsStuart N. Alperin,Neil M. Leff,Regina Olshan,Joseph M. Yaffe, June 30, 2011
On June 23, 2011, the Internal Revenue Service issued proposed regulations that purport to clarify the application of certain existing regulations under Internal Revenue Code Section 162(m). As a general matter, Section 162(m) imposes a $1 million annual deduction limit on the compensation paid to...