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Results: 1-10 of 149

Prenuptial agreement not an effective waiver of spousal rights

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • September 30 2013

A recent decision by the U.S. Court of Appeals for the Eighth Circuit demonstrates the potential limitations of prenuptial agreements purporting to

Reduction in “banked hours” violates the ERISA anti-cutback rules

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • January 31 2014

A union was formed through the merger of four former local unions. After the merger, the local unions' employee benefits plans and related pension

Court upholds plan administrator’s valuation decision for plan distribution

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • June 27 2012

With the technology to facilitate daily valuations of defined contribution plans readily available, we see fewer and fewer plans that operate with annual valuations and balance forward plan accounting, but balance forward plans do still exist

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

Post-normal retirement date benefit accruals

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • October 29 2010

Defined benefit plan administrators can find the rules dealing with benefit accruals and actuarial adjustment after normal retirement date are complex and confusing

Discounted stock options subject to Section 409A penalties

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • April 30 2013

Ruling in favor of the IRS, the U.S. Court of Federal Claims confirmed in a recent case that discounted stock options are deferred compensation

Withdrawal liability from multiemployer plan and alter-ego liability

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • August 29 2013

Because of the severe underfunding in many multiemployer defined benefit funds, we are seeing increased collection activities by these funds to

Employer breached fiduciary duty by allowing ineligible employee to enroll in plan

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • August 29 2013

The U.S. District Court for the Eastern District of Virginia held that an employer breached its fiduciary duty by misleading an employee regarding

Unilateral modification of collectively bargained retiree medical benefits leads to litigation

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • May 30 2014

The increasing and unpredictable costs of retiree medical benefits pose a significant threat to the financial health of employers who sponsor these

SunTrust stock drop case dismissed

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • November 26 2013

A federal district court recently dismissed a lawsuit brought against the fiduciaries of the SunTrust 401(k) plan for breaches of ERISA fiduciary