|
Article Excerpt A unanimous Third Circuit has held that trial judges can increase a winning plaintiff's award to account for the increased taxes he or she would have to pay on a lump-sum back pay award. With this decision, the Third Circuit joined the Tenth and rejected the reasoning of the D.C. Circuit, which ruled in 1994 that winning plaintiffs are never entitled to such an award. (Eshelman v. Agere Sys., Inc., 2009 WL 223858 (3d Cir. Jan. 30, 2009).)
"It is my view that whenever a plaintiff lawyer brings a claim for damages that could result in a taxable recovery, whether it be a discrimination, contract, tort, or other statutory claim, the issue of negative tax impact should be considered and addressed in order to foster the goal of receiving full...
|
|

Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|