Court rejects PBGC position that an investment fund is part of a controlled group for purposes of pension liabilities of a portfolio company *

USA - February 8 2013
Late in 2012, in Sun Capital Partners v. New England Teamsters ("Sun Capital"), a federal district court in Massachusetts (the "District Court")…

Co-authors: Debra Hoffman, Anna M. O’Meara, Ryan J. Liebl , Herbert W. Krueger, Lennine Occhino.

---

Noncompliant release of claims provisions in employment agreements and other agreements must be corrected by December 31 to take advantage of IRS transition relief *

USA - November 28 2012
In 2010, the Internal Revenue Service (IRS) published Notice 2010-61 in which it indicated that certain types of common release provisions found in employment and other agreements violated Section 409A of the Internal Revenue Code (Code), which governs nonqualified deferred compensation plans and arrangements.

Co-authors: Debra Hoffman, Katherine H. Dean, Ryan J. Liebl , Christina M. Cerasale, James C.Williams.

---

Deadlines and developments executive compensation update *

USA - November 8 2012
The following lists significant developments and deadlines in the executive compensation area.

Co-authors: Debra Hoffman, Katherine H. Dean, Ryan J. Liebl , Christina M. Cerasale, James C.Williams.

---

Deadlines and developments employee benefits update *

USA - November 8 2012
The following lists significant developments and deadlines in the qualified plan and welfare plan areas.

Co-authors: Edward A. Pionke, Christina M. Cerasale, Erika Gosker, Rebecca C. Davenport, Christine S. Matott .

---

Pension and insurance convergence *

USA - November 7 2012
As evidenced by recent pension de-risking transactions involving GM ($26 billion), Verizon ($7.5 billion) and Ford (potentially $18 billion), pension de-risking by extinguishing plan liabilities is emerging as a critical theme among defined benefit (pension) plan sponsor companies of all sizes.

Co-authors: Kenneth R. Pierce.

---