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Results: 11-20 of 130

Supreme Court issues decision impacting inherited IRAs

  • Steptoe & Johnson LLP
  • -
  • USA
  • -
  • June 13 2014

On June 12, 2014, the Supreme Court held that assets of an "inherited IRA" are not exempt from the IRA holder's bankruptcy estate and are subject to

Court allows creditor to garnish top-hat plan benefits

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • April 18 2013

In Sposato v. First Mariner Bank, 2013 WL 1308582 (D. Md. March 29, 2013), a federal district court allowed the creditor (First Mariner Bank) of a

What matters: A review of 2011 and 2012

  • Kramer Levin Naftalis & Frankel LLP
  • -
  • USA
  • -
  • April 1 2013

As you know, the last two years have seen a somewhat improved, but by no means robust, business climate. At the same time, structural shifts in the

Claim for post-bankruptcy pension benefits rejected following “free and clear” purchase of assets

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • December 20 2013

A group of retired employees filed a class-action law suit claiming loss of certain retirement benefits. The employees worked for SPX Corporation

The nays have it: inherited IRAs are not exempt assets in bankruptcy

  • Bryan Cave LLP
  • -
  • USA
  • -
  • June 23 2014

On June 12, the United States Supreme Court in Clark v Rameker resolved the question that has recently split the 5th and 7th Circuits- Are inherited

Significant multiemployer and single employer benefit rule changes take effect

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • January 20 2015

On December 16, 2014, President Obama signed into law the $1.1 trillion Consolidated and Further Continuing Appropriations Act of 2015

US Bankruptcy Court backs FSDS in Sea Containers case

  • Freshfields Bruckhaus Deringer LLP
  • -
  • USA
  • -
  • September 30 2008

The United States Bankruptcy Court for the District of Delaware has approved a settlement agreement between three Sea Containers companies, their unsecured creditors and the trustees of the two pension schemes belonging to the UK subsidiary Sea Containers Services Limited

US court considers Pensions Regulator's powers

  • Dentons
  • -
  • United Kingdom, USA
  • -
  • November 6 2008

The US Court has approved a bankruptcy settlement under which a US-listed parent company is liable for the buy-out deficits in its UK subsidiary's pension schemes

Court applies exclusion for claims involving receivership of a healthcare benefit plan

  • Wiley Rein LLP
  • -
  • USA
  • -
  • June 16 2008

The United States District Court for the Middle District of Florida, applying Florida law, has held that exclusions for claims involving the receivership of a healthcare benefit plan and claims involving Multiple Employer Welfare Arrangements (MEWA) barred coverage for claims brought by a receiver of a healthcare benefit plan alleging that brokers sold coverage under a benefit plan that was a MEWA

Pension Benefit Guaranty Corporation issues proposed rule clarifying implementation of Section 404 which treats bankruptcy filing date as "plan termination date" for certain purposes

  • Dentons
  • -
  • USA
  • -
  • July 17 2008

Bankruptcy practitioners and plan beneficiaries should take note of a little-known ERISA amendment that impacts bankruptcy cases filed on or after September 16, 2006