Tag Archives: change of control agreements

On the Court or in the C-Suite, Leaders Embrace Win-at-All-Cost Drive at Their Own Peril

The NCAA basketball kickback scandal is just getting started and it’s already bagged a big one – Louisville’s Rick Pitino, who was forced to resign after details of the wide-ranging probe were unveiled. Expect many more heads to roll as … Continue reading

Posted in CEOs, Complaints Against Executives, Corporate culture, Criminal Prosecutions, Executive Management Style, Sports contracts | Tagged , , , , , , , , , , , , | Comments Off on On the Court or in the C-Suite, Leaders Embrace Win-at-All-Cost Drive at Their Own Peril

Uber Leadership Vacuum Exposes Strings Attached to Startup Financing

The executive leadership vacuum at Uber and a series of PR missteps and management blunders is exposing the contentious push-pull dynamic between private equity and venture capital investors and startups that usually plays out behind the scenes and rarely makes … Continue reading

Posted in Business Continuity, CEOs, Change of Control Agreements, Complaints Against Executives, Corporate successsion, Executive Management Style, Legal | Tagged , , , , , , , , , , , , , | Comments Off on Uber Leadership Vacuum Exposes Strings Attached to Startup Financing

Massage Envy No More

Houston Chronicle business columnist Chris Tomlinson recently interviewed me about how a woman’s search for a better job landed her in serious legal trouble. The unfortunate story involves Maxie Foster, who worked for years as a receptionist to pay her … Continue reading

Posted in Confidential Information, Corporate culture, Covenants Not to Compete, Executive Compensation, Executive contracts, Litigation, Non-Competes, Trade Secrets | Tagged , , , , , , | Comments Off on Massage Envy No More

What to do when your successful business unit is sold

Success is sometimes rewarded in strange ways, such as when a company sells off a highly profitable business unit in order to raise cash (as Nestle did when it bought Cadbury and as Barnes & Noble is considering doing with … Continue reading

Posted in CEOs, Change of Control Agreements, Dodd-Frank, Executive Compensation, Executive contracts, Legal, Retention agreements | Tagged , , , , , , , , | Comments Off on What to do when your successful business unit is sold

If there’s a change of control, an executive needs options in writing

Change of control agreements, or golden parachutes as they are more commonly known, can be a lifesaver for an executive whose employer is purchased by another company, but these agreements also are rife with pitfalls. The most common problem is … Continue reading

Posted in CEOs, Change of Control Agreements, Executive Compensation, Executive contracts | Tagged , , , , , | Comments Off on If there’s a change of control, an executive needs options in writing