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Commitments and Contingencies
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

(a) Contractual
Federated may be required to make certain compensation-related payments through 2019 in connection with various significant employment and incentive arrangements. Federated is obligated to make future minimum compensation payments of approximately $7 million. Based on asset levels as of March 31, 2017 and performance goals, incentive payments could total up to another $8 million over the remaining terms of these arrangements.

(b) Guarantees and Indemnifications
On an intercompany basis, various wholly owned subsidiaries of Federated guarantee certain financial obligations of Federated Investors, Inc., and Federated Investors, Inc. guarantees certain financial and performance-related obligations of various wholly owned subsidiaries. In addition, in the normal course of business, Federated has entered into contracts that provide a variety of indemnifications. Typically, obligations to indemnify third parties arise in the context of contracts entered into by Federated, under which Federated agrees to hold the other party harmless against losses arising out of the contract, provided the other party's actions are not deemed to have breached an agreed-upon standard of care. In each of these circumstances, payment by Federated is contingent on the other party making a claim for indemnity, subject to Federated's right to challenge the other party's claim. Further, Federated's obligations under these agreements may be limited in terms of time and/or amount. It is not possible to predict the maximum potential amount of future payments under these or similar agreements due to the conditional nature of Federated's obligations and the unique facts and circumstances involved in each particular agreement. As of March 31, 2017, management does not believe that a material loss related to any of these matters is reasonably possible.

(c) Legal Proceedings
CCM Rochester, Inc. (CCM). CCM (f/k/a Clover Capital Management, Inc.) did not file within the required time period a notice to appeal the February 10, 2017 Opinion and Order of Judge Valerie Caproni, United States District Judge for the United States District Court for the Southern District of New York, granting Federated's motion for summary judgment in its entirety and directing that CCM's lawsuit against Federated be closed. CCM's lawsuit against Federated Investors, Inc., which stemmed from Federated's acquisition of certain assets of CCM in December 2008, is, therefore, concluded. In granting Federated's motion for summary judgment in its entirety, Judge Caproni determined based on the evidence that there existed no genuine dispute of any material fact in concluding that no rational juror could find in favor of CCM on its remaining claims of fraudulent inducement and breach of the implied covenant of good faith and fair dealing; accordingly, Federated was entitled to summary judgment as a matter of law. Management believes Judge Caproni's Opinion and Order affirms Federated's position that CCM's claims were meritless and without factual support and that at all times Federated acted in good faith and complied with its contractual obligations contained in the Asset Purchase Agreement, dated September 12, 2008. Given that the lawsuit has been concluded in Federated's favor, Federated's loss from damages as a result of CCM's claims is zero.
Other Litigation. Federated also has claims asserted and threatened against it in the ordinary course of business. As of March 31, 2017, Federated does not believe that a material loss related to these claims is reasonably possible.
See Item 1A - Risk Factors included in Federated's Annual Report on Form 10-K for the year ended December 31, 2016 for additional information regarding risks related to claims asserted or threatened against Federated.