Seth J Safra
Proskauer Rose LLP
Articles
Fifth Circuit Rules that Project Completion Bonus is Not an ERISA Severance Plan
USA - April 1 2021 Whether a one-time payment of benefits constitutes an employee benefit plan under ERISA has been the source of some consternation in the courts for…
What Happens Abroad, Apparently Does Not Stay Abroad - DOL Revokes Trump Administration Guidance That Provided Relief to QPAMs for Convictions Under Foreign Law
USA - March 30 2021 On November 3, 2020, the U.S. Department of Labor’s Office of the Solicitor of Labor (the “DOL”) issued an opinion letter (the “2020 Letter”) to the…
Ira G Bogner, Kaitlin E. Hulbert, Robert M. Projansky, Adam W Scoll, Steven D Weinstein
DOL Will Not Enforce Trump Administration’s ERISA “ESG” Investing and Proxy Voting Rules
USA - March 10 2021 On March 10, 2021, the U.S. Department of Labor (the “DOL”) issued a statement that it intends to revisit its final rules issued late last year on…
Biden Administration Requests Review of DOL’s Final “ESG” Rules for ERISA Fiduciaries - What Does that Mean for the DOL’s Final Proxy Voting Rules?
USA - February 5 2021 On October 30, 2020, the U.S. Department of Labor (the “DOL”) issued a final rule on “ESG” investing (summarized here) which requires ERISA plan…
Regulations on Executive Compensation Excise Tax (Section 4960) for Tax-Exempt Employer and Their Affiliates Finalized
USA - February 2 2021 Employers that are tax-exempt or have tax-exempt affiliates (for example, a foundation) should pay close attention to a 21% Excise tax under Section…
