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termination payment

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Why Pay More to Execs Who Fail? | BTalk Australia
(13min 23) Around the world executive pay has become a contentious issue this year. It’s difficult to accept a high CEO salary from a bank that’s being bailed out with public money. It’s even harder to see a sizeable bonus being given to the head of a company that hasn’t...
Tags: U.S., Shareholder, Payment, Termination, Australia, Board, Senior Executive, Salary, Executive, CEO, Payout, Termination Payment, Benefits, Payroll Solutions, Corporate Governance, Workforce Management, Human Resources, Business Operations, Corporate Law, Phil Dobbie
Blog posts 2008-12-04

Additional Resources

Federal judge says Wage Act covers claim for termination payment
A fired bank president can sue his former employer for his promised $4.8 million termination payment, a federal judge in Baltimore has ruled. David J. McCarthy, president and CEO of a Provident Bank-owned leasing company until earlier this year, countersued for the money, to which he was contractually...
Tags: payment, Provident Bank, salary, termination
Research articles 2005-08-25
Termination dilemma: the carrot or the stick?
Apr 28, 2002 The Australian Financial Review ABIX via COMTEX -- Australians who cash in a superannuation lump sum payment they receive on leaving a job are taxed more heavily. The move is part of an attempt by the Australian Government to encourage ...
Tags: Australian Taxation Office, FINANCE, Taxes, termination
Research articles 2002-04-28
Overstock.com Director James V. Joyce Bolts, Receives Huge Questionable Exit Payment
Sam E. Antar submits: After Wednesday's stock market closed, Overstock.com (NASDAQ: OSTK) announced the resignation of James V. Joyce from its Board of Directors. However, Overstock.com's press release made no reference to a $1,250,000 payment for the termination of consulting services to Icent LLC, a management consulting company headed...
Tags: Internet, Sam E. Antar, Overstock.com Inc.
External links 2009-04-02
Capital gain treatment denied for agent's termination pay. (Tax Facts).(Brief Article)
A retired agent's attempt to treat his termination payment as capital gain was recently rejected by the Tax Court, which held that the payment constituted ordinary income. Warren Baker worked as a State Farm agent for 34 years. Baker, an independent contractor, developed his...
Tags: agent, asset, State Farm Mutual Automobile Insurance Co., tax, termination
Research articles 2002-06-24
Pacific Northern Gas Reports Termination of Transportation Service Agreement by Methanex.
VANCOUVER, BRITISH COLUMBIA, Aug 30, 2005 CCNMatthews via COMTEX -- Pacific Northern Gas Ltd. ("PNG") (TSX:PNG)(TSX:PNG.PR.A) reported today that Methanex Corporation ("Methanex") has given notice of termination of its Firm and Interruptible Gas Transportation Service Agreement with PNG. The agreement would ...
Tags: Methanex Corp., Pacific Northern Gas Ltd.
Research articles 2005-08-30
[1237] Tax-free bona fide redundancy payment: ATO Decision Impact Statement.
Byline: Lisa Mak Jul 09, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO has published a Decision Impact Statement in relation to the decision in "Long and FCT [2007] AATA 1269". The case concerned the question of whether...
Tags: Australian Taxation Office, FINANCE, Taxes
Research articles 2007-07-09
Termination payment doesn't end liability for Wyeth reinsurers.(London Court of Appeal ruled )(Brief Article)(Statistical Data Included)
LONDON--Reinsurers must pay John Wyeth & Brother Ltd. for legal costs the pharmaceutical company incurred defending benzodiazepine litigation in Great Britain and Ireland, despite the fact that its primary insurers had earlier made a payment in e LONDON--Reinsurers must pay John Wyeth & Brother Ltd. for...
Tags: insurance company, payment, termination, Wyeth
Research articles 2001-02-19
[904] Dismissal settlement ETP a redundancy payment (in part).
Jun 06, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) The Administrative Appeals Tribunal has issued its ruling in the case of Dibb v Commissioner of Taxation. The tribunal rejected the taxpayer's claim that the Australian Taxation Office exceeded its authority when it...
Tags: Australian Taxation Office, Benefits, entitlement, FINANCE, settlement, Taxes
Research articles 2005-06-06
Payment of Wages and Continuation of Benefits on Termination or Resignation of Employment
Termination of an employee, in itself, can be a challenging task for an employer. Sometimes, even more challenging is determining the appropriate wages and benefits due to that employee. Article explains summary of the California laws regulating payment of wages and continuation of employee benefits on termination or resignation of...
Tags: Payment, HR.com, Termination, Salary, Benefits, Payroll Solutions, Workforce Management, Operational Accounting, Human Resources, Finance
White papers 2003-01-01
Bank United Corp. Litigation Contingent Payment Rights Trust Announces the Termination of the Trust and the Termination of the Registration of the Trust's Certificates With the Securities and Exchange Commission
The Bank United Corp. Litigation Contingent Payment Rights Trust (formerly NASDAQ: BNKUZ) ("Litigation Trust") was formed in connection with the February 9, 2001 merger of Bank United Corp. with and into Washington Mutual, Inc. The Litigation Trust issued contingent payment rights certificates ("Certificates") representing the right to receive a...
Tags: Litigation, payment, SEC, termination
Research articles 2004-12-18
[1253] Tax Office: Super-related publications released.
Byline: Terry Hayes Jul 09, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office has released a number of superannuation-related publications. These documents include: A"Registration page for superannuation seminarsA"; A"Superannuation lump sum pre-payment statementA"; A"Self managed super...
Tags: Australian Taxation Office, FINANCE, Taxes, termination
Research articles 2007-07-09
[1613] Goods leases - GST on early termination payments.
Sep 23, 2003 (Weekly Tax Bulletin - ABIX via COMTEX) The Australian Taxation Office ATO issued "GST Ruling GST 2003/11" on 3 September 2003. It relates to the goods and services tax GST consequences that may eventuate as a result from a payment being...
Tags: Australian Taxation Office, lease, termination
Research articles 2003-09-23
SAVVIS And Kiel Center Partners, L.P. Agree to Early Termination of Naming Rights Agreement; SAVVIS Makes One-Time, $5.5 Million Cash Payment; Redirects Marketing to More Targeted Media
ST. LOUIS -- SAVVIS, Inc. (NASDAQ:SVVS), a leading global IT utility, announced today that it has terminated its "SAVVIS Center" Naming Rights Agreement with Kiel Center Partners, L.P. KCP agreed to an early termination of the agreement, which had been due to expire in 2020, in consideration of a cash...
Tags: marketing, payment
Research articles 2005-06-16
Golden views from the top at Wesfarmers.
Jul 12, 2005 (The Daily Telegraph - ABIX via COMTEX) Michael Chaney received a large termination payment as he left Australian conglomerate, Wesfarmers. Chaney finished his work for the company on 12 July 2005 after 13 years as CEO. He will get a termination ...
Tags: CEO, National Australia Bank, termination
Research articles 2005-07-12
[1599] GST treatment of payment on early termination of leases.
Sep 15, 2003 (Weekly Tax Bulletin - ABIX via COMTEX) The Australian Taxation Office ATO issued "GST Ruling GST 2003/11" on 3 September 2003. It relates to the goods and services tax GST consequences that may eventuate as a result from a payment being...
Tags: Australian Taxation Office, lease, payment, termination
Research articles 2003-09-15
Ex-director sues Village for $148m.
Sep 22, 2003 (The Courier-Mail - ABIX via COMTEX) A former director of Village Roadshow is suing the company for $A148m. The group announced that it had received a statement of claim from Peter Ziegler for over $148m in damages, relating to it failure to...
Tags: Village Roadshow Ltd., Ziegler Inc.
Research articles 2003-09-22
Legal fight for Village.
Sep 22, 2003 (Herald Sun - ABIX via COMTEX) A former director of Village Roadshow is suing the company for $A148m. The group announced that it had received a statement of claim from Peter Ziegler for over $148m in damages, relating to it failure to...
Tags: Village Roadshow Ltd., Ziegler Inc.
Research articles 2003-09-22
The Best Strategies for Extricating a Company from Its Long-Term Office Lease Obligations
When a start-up company downsizes or shuts down, the office lease that it struggled mightily to obtain—perhaps only a year or two earlier—soon becomes its largest liability and its most painful burden. Understanding the best options and arming the self with the information necessary to negotiate them will help one protect...
Tags: Tenant, Strategy, Microsoft Office, Real-Estate-Law.com
White papers 2001-06-01
Blockbuster issued a written notice of termination without cause to Edward Stead, its former executive VP, general counsel and executive VP business development, on Feb. 28.(SCENE)(vice president)(Brief Article)
Blockbuster issued a written notice of termination without cause to Edward Stead, its former executive VP, general counsel and executive VP business development, on Feb. 28. The ... Blockbuster issued a written notice of termination without cause to Edward Stead, its former executive VP,...
Tags: Blockbuster Inc., business development, termination
Research articles 2006-03-06
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