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Recently, the U.S. Department of Labor (“DOL”) announced that it had entered into settlement agreements with Aloha Airlines Inc., Bank of Hawaii and First Hawaiian Bank which require them to pay $9,545,454 to the airline’s three pension plans for losses that the plans suffered on investments in stock of the airline’s holding company
On Monday, January 30, 2012, the U.S. Department of Labor (“DOL”) issued a notice of proposed rulemaking that would amend the Family and Medical Leave Act (“FMLA”) to expand the military family leave provisions and incorporate a special eligibility provision for airline flight crew employees
