Claw back definition

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August undefined, 2024

WebUBS Warburg LLC, 216 F.R.D. 280, 290 (S.D.N.Y. 2003) (noting that parties may enter into “so-called ‘claw-back’ agreements that allow the parties to forego privilege review altogether in favor of an agreement to return inadvertently produced privilege documents”). The rule provides a party with a predictable protection from a court ... Webnoun. the recovery of previously dispensed or protected money or benefits through a contractual provision or tax law, typically triggered to counter a shortfall in …

Bankruptcy Clawbacks of Preferential & Fraudulent Transfers - AllLaw.com

WebOct 31, 2024 · This group generally aligns with the definition of “officer” under Section 16 of the Exchange Act. ... No-Fault Standard and Limited Discretion to Not Claw Back. The rules do not permit a company to consider the fault or responsibility of the executive officers. A company may exercise discretion to not enforce its clawback policy in only ... WebApr 25, 2024 · A "clawback" in bankruptcy allows a bankruptcy trustee to "void" (undo) a transaction and get the money or property back for the benefit of your unsecured creditors. A trustee will use the clawback provision to get back money paid to a particular creditor before bankruptcy. The trustee will also use the clawback provision to recover property … horseware regenmantel equi eco technical coat

Rule 502. Attorney-Client Privilege and Work Product; Limitations …

WebDefine clawback. clawback synonyms, clawback pronunciation, clawback translation, English dictionary definition of clawback. n. The recovery of money that has been disbursed, as by a government, pension, or company. WebApr 10, 2024 · A clawback is a requirement in an agreement that demands an employee to return money previously paid by their employer, sometimes with an additional penalty. … WebJan 3, 2024 · A clawback is a legal provision that companies use to help them retrieve already distributed money from an employee. For companies to execute a clawback … horseware rambo wug turnout lite

Clawback financial definition of Clawback - TheFreeDictionary.com

WebNov 21, 2012 · Clawback Provisions Provide Protections and Cost Savings. Even when a party to a litigation employs precautions to prevent the inadvertent disclosure of privileged documents, some privileged materials are likely to slip through. Recognizing this likelihood, litigants commonly enter into “clawback agreements” at the start of discovery. ... WebMay 24, 2024 · Clawback clauses attached to these and other bonuses can incentive high-performing employees to stick around longer. Clawback provisions in contracts are usually designated as non-negotiable and … pspcl rooftop solarWebclawback. 1. A provision in an incentive stock option that requires an employee to reimburse the company for any gains from exercising options in the event the employee goes to … pspcl rooftop solar project

"WebDefine claw back. claw back synonyms, claw back pronunciation, claw back translation, English dictionary definition of claw back. vb 1. to get back with difficulty 2. to recover , … " - Claw back definition

Claw back definition

Webclaw something back definition: 1. to get possession of something again with difficulty: 2. If the government, for example, claws…. Learn more.

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WebLe clawback est l’action par laquelle une entreprise peut récupérer une partie de l’argent qu’elle a déjà versée à des salariés (parfois avec des pénalités en sus). Cette procédure … WebThe term clawback or claw back refers to any money or benefits that have been given out, but are required to be returned (clawed back) due to special circumstances or …

WebFINANCE. a situation in which a government or company takes back money that it has already paid: A Parliamentary motion called for the clawback of tax credit overpayments. … WebMar 29, 2024 · Section 8(b) of the Federal Deposit Insurance Act (12 U.S.C. 1818(b)) is amended by inserting after paragraph (8) the following: ``(9) Clawback.-- ``(A) Definition.--In this paragraph, the term `covered compensation' means-- ``(i) salary; ``(ii) bonuses; ``(iii) any compensation that is granted, earned, or vested based wholly or in part upon ...

WebClawbacks occur when the payor later determines that the service was not covered. Sometimes such retroactive requests for repayment can be in the tens of thousands of … Webnoun. claw· back ˈklȯ-ˌbak. plural clawbacks. : the act or an instance of getting back money or benefits previously given out: such as. a. : the recovery of tax allowances by additional …

WebOct 12, 2024 · What is a Clawback Agreement? A clawback agreement is a specific provision within a legal contract that requires the return of money to an employer in the …

Webto get possession of something again with difficulty: The airline is beginning to claw back some of the business it lost after the bomb explosion. If the government, for example, … pspcl roof top solar projectWebOct 26, 2024 · In such a situation, the bankruptcy trustee's attempt to claw back the alleged preference payments is improper and inconsistent with mechanic lien law and bankruptcy law principles, for the reasons set forth further below. 1. Under the Bankruptcy Code, a trustee can recover preferential transfers made from the debtor's estate if the transfer ... pspcl salary slip downloadWebOct 18, 2024 · This practice is known as “clawback” and is instituted by PBMs who then receive the excess payments from the pharmacy. Pharmacy Benefit Managers are being … pspcl share priceWebNov 2, 2024 · The dictionary definition of a clawback is “to get back (something, such as money) by strenuous or forceful means.”. In the case of rewards credit cards, this takes the form of a bank reversing points, miles or even statement credits you previously received because they’ve decided you’ve done something against their terms and conditions ... horseware rhino original turnout liteWebMar 23, 2024 · Clawback: Definition, Meaning, How It Works, and Example A clawback is a situation in which an employer or benefactor reclaims money that has already been given … horseware repairWebOct 12, 2024 · What is a Clawback Agreement? A clawback agreement is a specific provision within a legal contract that requires the return of money to an employer in the event of specified actions on behalf of the employee. This type of document may require monies to be paid back if there is poor performance, scandal or misconduct on behalf of … pspcl search engineWebClawback definition: Clawback is the act of taking back money that has already been paid, or the amount that... Meaning, pronunciation, translations and examples horseware rambo wug turnout lite 50g