There have been 12 proposed class actions brought against major universities with regard to their employee benefit plans. These lawsuits allege
In a much-anticipated decision addressing the reach of multiemployer pension plans in imposing withdrawal liability, a U.S. District Court ruled on
Plan sponsors should ensure that their qualified plans have adequate coverage against theft of assets. Plan sponsors must have an ERISA Fidelity Bond
In a decision of significance to private equity funds, the United States Court of Appeals for the First Circuit recently held that: (1) a private
Over the past year, the Departments of Labor (“DOL”) and Treasury (the “Departments”), as well as the Internal Revenue Service (“IRS”), have issued a variety of statutory and regulatory provisions with which tax-qualified pension, profit-sharing, 401(k) and 403(b) plans must comply.
By now, plan sponsors of most defined benefit and defined contribution plans should have received disclosure statements from "covered service providers" to their plans regarding whether the provider is, in fact, a "covered service provider."
International Ladies’ Garment Workers’ Union Death Benefit Fund, the UNITE HERE Staff Retirement Plan, their fiduciaries, Amalgamated Services Corp., Amalgamated Life Insurance Co., Alicare Inc. and individual defendant Michael Hirsch against a claim for more than $1.7 million in attorneys’ fees stemming from an ERISA action.
In June 2011, Governor Andrew Cuomo signed the Marriage Equality Act into law, making New York the sixth state to permit same-sex couples to marry.
A recent opinion from the United States Court of Appeals for the Second Circuit should reassure employers worried about employee lawsuits alleging the imprudence of investing in company stock through company retirement plans during unstable economic times.
On February 4, 2009, the Children's Health Insurance Program Reauthorization Act of 2009 ("CHIPRA") was signed into law.