Executive Compensation Restrictions Under the Emergency Economic Stabilization Act of 2008

Manatt, Phelps & Phillips, LLP
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The U.S. Treasury Department has issued three Notices implementing the provisions of the Emergency Economic Stabilization Act of 2008 (EESA) that relate to compensation for executives. While these do not answer all of the uncertainties of the law and its implementing rules and guidelines, they are helpful in many respects.

The Notices address three programs, which theoretically are only three out of any number of others that might in the future be created within the overall statutory framework.

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