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Can Directors elect to take deferred balances in installments over 5 or 10 years?
DealBook » Sending a Message for Backpedaling on Settlements | Standard Chartered learned the hard way that prosecutors take deferred prosecution agreements quite seriously, when the government forced the chairman to retract his statements on the settlement, Peter J. Henning writes in the White Collar Watch column.
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Armies of startups attack every incumbent, with early employees — and sometimes even their lawyers and landlords — taking deferred compensation, in the hope that their options and warrants will pay off down the line.
SINGAPORE — Chinese steel mills, suffering from weak demand at home, have either defaulted on supply contracts or have deferred taking shipment of as much as four million tons of iron ore this month after a rapid decline in prices, traders said.
Some H.I.V.-positive patients have deferred taking so-called antiretroviral drugs until their T-cell counts, a measure of immune system strength, fall below a certain level, because of a fear of side effects like nausea, or concerns about liver damage, abnormal distribution of body fat or heart disease.
Once again, we have deferred taking steps to fix the problem until the next disaster occurs.
As the trial catheter had already been inserted, parents could take their time to consider deferred consent.
While PALM likes to tout that it carries more than $500M in cash on its balance sheet, the reality is that cash is heavily offset with debt, and even if we take the deferred liability it carries on its balance sheet out of the equation, it still shows negative net tangible assets of about $100M and negative net current assets of $306.5M.
As Howard S. Beltzer, a partner at Morgan, Lewis & Bockius in New York and co-chairman of the firm's restructuring group, pointed out, there are laws that allow creditors, under certain circumstances, to come after people who have quit and taken their deferred compensation.
He took a deferred six-figure salary, plus options that vest in four years.
He was ousted as chairman and chief executive Sept. 17 after an intense public outcry greeted revelations that he had taken $188-million 188-million inlary, retirement pay andeferredcompensalary.
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