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Results:1-10 of 58

Podcast: Key Considerations for ERISA Plan Fiduciaries When Delegating Investment Authority
  • Proskauer Rose LLP
  • USA
  • January 18 2019

In this Episode of The Proskauer Benefits Brief, partner Ira Bogner and senior counsel Adam Scoll discuss the key considerations for ERISA plan


As DOL Fiduciary Rule is Officially Vacated, Focus Shifts to SEC
  • Proskauer Rose LLP
  • USA
  • June 26 2018

After nearly a decade in the making, the Department of Labor’s fiduciary rule appears to be officially dead. On June 21st, the U.S. Court of Appeals


Department of Labor’s New Fiduciary Rule Will Go Into Effect June 9th
  • Proskauer Rose LLP
  • USA
  • May 23 2017

The Department of Labor has announced that the new fiduciary conflict of interest rule and related exemptions will begin taking effect on June 9, 2017


DOL Fiduciary Rule Delayed, But At Least Parts Might Be Here to Stay
  • Proskauer Rose LLP
  • USA
  • April 5 2017

On April 4, 2017, the U.S. Department of Labor issued a final rule postponing applicability of the Conflict of Interest Rule and related exemptions


Are Taft-Hartley Boards Conflicted When Reviewing ERISA Benefits Determinations? Circuit Courts Are Split.
  • Proskauer Rose LLP
  • USA
  • March 22 2017

Although it has been nearly three decades since the Supreme Court first explained the appropriate standard of review for ERISA benefit claims, there


DOL Prevails In First Challenge to the Conflict of Interest Rule and Related Exemptions
  • Proskauer Rose LLP
  • USA
  • November 18 2016

On November 4, 2016, Judge Moss in the U.S. District Court for the District of Columbia granted the U.S. Department of Labor’s motion for summary


Second Circuit Addresses ERISA Plan Participation in Securities Lawsuit Settlements
  • Proskauer Rose LLP
  • USA
  • November 1 2016

In many class action securities litigations, the company's own pension plans are significant shareholders, by virtue of the plans' investment in


Rulings, filings, and settlements of interest
  • Proskauer Rose LLP
  • USA
  • December 19 2012

In Argay v. Nat'l Grid USA Serv. Co., No. 11-3698-cv, 2012 WL 5860518 (2d Cir. Nov. 20, 2012) (by summary order), the Second Circuit Court of Appeals affirmed the district court's ruling in favor of a utility company, holding that retirees' right to participate in a life insurance program was not contractually vested under their former employer's post-retirement life insurance plan, and thus the benefits could be reduced.


Department of Labor issues final regulations requiring fee disclosures by pension plan service providers and fiduciaries managing plan asset vehicles
  • Proskauer Rose LLP
  • USA
  • February 21 2012

On February 2, 2012, the U.S. Department of Labor ("DOL") published long-awaited final regulations (the "Final Regulations") under Section 408(b)(2) of the U.S. Employee Retirement Income Security Act of 1974, as amended ("ERISA"), which will require certain service providers to employee pension benefit plans and entities holding "plan assets" to disclose information regarding their compensation so as to assist plan fiduciaries in assessing the reasonableness of the service provider's contract with the plan and the potential for conflicts of interest.


Department of Labor extends deadlines for fiduciary and participant level disclosures
  • Proskauer Rose LLP
  • USA
  • July 14 2011

On July 13, 2011, the U.S. Department of Labor (DOL) issued new guidance delaying the effective date of the new fiduciary-level disclosure rules required by interim final regulations (the “408(b)(2) Interim Final Regulations”) under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") until April 1, 2012.