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Landmark 'Disney' Decision Provides Guidance for Compensation Governance (PDF)
FW Cook
July 31, 2006 3 pages. Excerpt: The June 2006 landmark decision by the Delaware Supreme Court over the $130 million severance payout by The Walt Disney Company to Michael Ovitz provides guidance on possible legal protection for compensation committees that use termination tally sheets when approving employment agreements for senior executives. MORE >> |
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