News of the Enron severance settlement should reverberate in corporate boardrooms everywhere.
The company said that Mr. Crawford, who joined it in 1998, was in a dispute over a severance settlement.
The pair will face questions about the abandoned Newsnight investigation into Savile, the calamitious Newsnight report on child abuse and north Wales care homes, the £450,000 severance settlement handed to George Entwistle, and the future of the BBC.
The ruling, in United States Bankruptcy Court in Manhattan, also permits WorldCom to retract $1.4 million in severance settlements promised to 19 laid-off executives before the company filed for reorganization as a multibillion-dollar accounting scandal unwound.
"During the PAC hearing on 10 July 2013, the BBC Trust witnesses strove repeatedly to play down the significance of the two documents which had emerged at that time, and to make misleading and inaccurate statements, all of which served to minimise and draw attention away from the Trust's own knowledge and involvement," in the Byford and Baylay severance settlements, writes Thompson.
Verizon Communications, the largest U.S. telephone company, said on Tuesday it would record $3.7 billion in charges, primarily for severance payments and pension settlements.
On Wednesday, Yahoo said it had amended the severance plan as part of its settlement of the shareholder suit.
An earlier attempt at settlement had proposed a near-total severance of the ties between the bishops and the monarchy and thus an end to the Ottonian system.
As the number of age discrimination lawsuits has swelled, there has been an increase in monetary judgments and settlements, and some employment experts predict bigger severance packages as a way to nudge out more older workers voluntarily.
Even when they win, in 60% of such cases the judgment is not enforced, according to David Kaplan of the Inter-American Development Bank.A bill before Congress aims to modernise the labour code, introducing hourly pay, trial periods of up to six months and a tighter cap on severance pay, though it does nothing to encourage dispute-settlement without recourse to tribunals.
The executives are among 46 laid-off employees who opted out of a settlement that would provide up to $13,500 in severance to each worker sacked in the December bankruptcy, but even in Houston, 13 grand just doesn't go that far.
