Abstract

http://ssrn.com/abstract=1727751
 
 

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Reply: Clawback to the Future


Miriam A. Cherry


Saint Louis University - School of Law

Jarrod Wong


University of the Pacific - McGeorge School of Law

December 17, 2010

Minnesota Law Review Headnotes, Vol. 95, p. 19, 2010

Abstract:     
In an earlier article also available on SSRN, Clawbacks: Prospective Contract Measures in an Era of Excessive Executive Compensation and Ponzi Schemes, Minnesota Law Review, Vol. 94, p. 368, 2009, Professors Miriam Cherry and Jarrod Wong set out an initial description and analysis of contractual clawback provisions. In this Reply, Profs. Cherry and Wong address three aspects of Michael Macchiarola's Response: its application of the clawback doctrine to the recoupment of executive compensation; the criticism that the clawbacks doctrine introduces latent subjectivity into contractual analysis; and the apparent operational difficulties in implementing clawbacks.

Number of Pages in PDF File: 10

Keywords: Clawbacks, Ponzi Schemes, Executive Compensation, Executive Bonuses

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Date posted: December 18, 2010  

Suggested Citation

Cherry, Miriam A. and Wong, Jarrod, Reply: Clawback to the Future (December 17, 2010). Minnesota Law Review Headnotes, Vol. 95, p. 19, 2010. Available at SSRN: http://ssrn.com/abstract=1727751

Contact Information

Miriam A. Cherry (Contact Author)
Saint Louis University - School of Law ( email )
100 N. Tucker Blvd.
St. Louis, MO 63108
United States
314-977-04537 (Phone)
Jarrod Wong
University of the Pacific - McGeorge School of Law ( email )
3200 Fifth Avenue
Sacramento, CA 95817
United States
1(916)7397231 (Phone)
1(916)7397272 (Fax)
HOME PAGE: http://www.mcgeorge.edu/x2152.xml
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