Contributor : Andy Strimaitis

article | August 31st, 2016

Severance Pay May Be Forbidden, Court Rules

A recent court case reaffirms the powers of regulators to deny certain compensation payments for troubled banks, making clear how important advance planning is.

By: Andrew K. Strimaitis
article | June 27th, 2016

New Incentive Compensation Rules Will Impact Banks and Their Boards

The new rules have key differences from the old rules.

By: Andrew K. Strimaitis
article | November 27th, 2015

Avoiding the Excess Parachute Payments Trap in M&A Deals

Through early planning for compliance with Section 280G of the Internal Revenue Code, banks can avoid saddling senior executives with punishing excise taxes, or the bank with expensive gross up payments.

By: Andrew K. Strimaitis, Donald L. Norman, Jr.
article | October 23rd, 2013

The Board’s Role in Succession Planning

Attorneys at Barack Ferrazzano discuss the board’s fiduciary duty in succession planning, questions to ask management, and how to address board succession.

By: Donald L. Norman, Jr., Andrew K. Strimaitis
article | December 17th, 2012

Regulatory Fatigue Syndrome: Identifying the Symptoms and Treating the Patient

When it comes to the regulatory flu, bank directors need some medicine, fast.

By: Donald L. Norman, Jr., Andrew K. Strimaitis
article | October 17th, 2012

Old is New Again: Independence vs. Independent Judgment

2012 brings us new guidance under the Dodd-Frank Act addressing the familiar concept of independence.

By: Donald L. Norman, Jr., Andrew K. Strimaitis
article | September 23rd, 2011

Troubled financial institutions face their own compensation restrictions

Many more banks and thrifts are finding themselves subject to new compensation restrictions when they fall into the “troubled” category.

By: Andrew K. Strimaitis, Donald L. Norman, Jr.
article | August 5th, 2011

So, you thought you were done with TARP? Post-repayment compensation surprises.

An overview of the legacy issues from the Treasury’s Troubled Asset Relief Program (TARP) compensation limits that may remain after repayment of funds.

By: Donald L. Norman, Jr., Andrew K. Strimaitis