In November 2009, J.P. Morgan made the county a $75 million payment as part of a settlement agreement with the Securities and Exchange Commission.
— No deduction shall be allowed under this chapter for — (1) any settlement or payment related to sexual harassment or sexual abuse if such settlement or payment is subject to a nondisclosure agreement, or (2) attorney's fees related to such a settlement or payment". Most legal settlement agreements have some type of confidentiality or nondisclosure provision.
An S.E.C. investigation typically culminates in nothing worse than a settlement agreement and the payment of a fine by the company.
At a news conference Tuesday in Tulsa, Mike Hunter, the Oklahoma state attorney general, said that as part of the settlement agreement, Purdue's payment to the state had been secured against any possible bankruptcy filing.
"Cryptocurrency supporters, for the second time, pointed out that Sherman's biggest campaign contributor is Allied Wallet, an online payments service that entered into a settlement agreement costing them over $13 million USD in relation to an FBI money laundering investigation in 2010," wrote Todd Byrne for BitsOnline.
August 23 , 2013-- Approval of class counsel's motion for approval of payments -- As required by the settlement agreement, on August 6, class counsel filed with the Court a motion for approval of distribution of funds.
According to court papers, Avenatti negotiated in January a $1.6 million settlement on behalf of an unidentified client, but prosecutors say he gave that client a bogus settlement agreement with a false payment date, concealing what he had done.
This exception is very narrow and will be met only if, among other things, the court order or settlement agreement specifies that the payment is restitution or an amount paid to come into compliance with the law.
The archbishop, while acknowledging the payment and a "confidentiality provision" in a settlement agreement between him and his accuser, said in the written announcement of his retirement that he had "never abused anyone".
Some defendants insist that their settlement agreement confirms that the payments are not penalties and are remedial.
As a result, some defendants insist that their settlement agreement confirms that the payments are not penalties and are remedial.
