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Severance Agreements: Parting is Such Sweet Sorrow? Part I

Hello Readers! I first want to thank Judy Naamat for her amazing and informative posts regarding the America Invents Act and its impact on employers. I hope you found them as enlightening as I did....

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Severance Agreements: Parting is Such Sweet Sorrow? Part II

Previously on The Emplawyerologist: we expounded on severance agreements, and its typical provisions– and I left you hanging with the introduction of general release clauses. What is a general release...

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Severance Agreements and the Older Workers Benefits Protection Act

As promised, this week The Emplawyerologist will devote its time to the special rules that apply to severance agreements offered to employees over 40. The Older Workers Benefits Protection Act (OWBPA),...

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Wait! Stop! Is Your Severance Arrangement Subject to ERISA?

Suppose your company, Wonderful World of Widgets, Inc., finds itself needing to lay off some employees. You are tasked with effectuating the terminations, making sure they go smoothly, including...

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Should You Create an ERISA Severance Plan?

Last week we looked at whether your severance arrangement might in reality be an ERISA severance plan. Click here if you missed it. Let’s re-visit our fictitious employer, Wonderful Widgets (or W.W)....

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