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87 results found

Article

Locke Lord LLP | USA | 4 May 2016

DOL Issues Final Fiduciary Rule: How Does The New Definition Affect Plan Sponsors

On April 8, 2016, the Department of Labor (DOL) issued its final regulations significantly redefining the standards for determining when an adviser

Article

Locke Lord LLP | USA | 8 Apr 2016

Department of Labor Publishes New Fiduciary Rule Affecting Retirement Account Advisers

On April 8, 2016, the United States Department of Labor (Department) published its long-awaited final regulations (the Rule) redefining who is a

Article

Locke Lord LLP | USA | 8 Apr 2016

The Best Interest Contract Exemption

In connection with publication of final regulations (the Rule) on the definition of "fiduciary" under the Employee Retirement Income Security Act of

Article

Locke Lord LLP | USA | 1 Apr 2016

More Worries For Private Equity Funds - Another Structuring Fix Against ERISA Withdrawal Liability Dismantled

In a landmark benefits decision, a Federal District Court in Massachusetts held that separate private equity funds sharing a general partner are

Article

Locke Lord LLP | USA | 28 Jan 2015

Starting a new business: what employers need to know about health benefits

Starting a new business can be very stressful, and with any successful business comes the added stress of hiring and retaining employees. To attract

Article

Locke Lord LLP | USA | 26 Jun 2014

United States Supreme Court rejects presumption of prudence for stock-drop case

In a highly anticipated decision, the United States Supreme Court held that fiduciaries of employee stock ownership plans ("ESOPs") are not entitled

Article

Locke Lord LLP | USA | 11 Jun 2014

Supreme Court declines to review action involving reimbursement of benefits under ERISA 502(a)(3)

On June 9, 2014, the United States Supreme Court declined to review a decision by the Second Circuit Court of Appeals regarding the enforcement of an

Article

Locke Lord LLP | USA | 28 Apr 2014

Eleventh Circuit rules Georgia prompt pay statutes cannot be enforced against self-funded ERISA health plans

Disputes continue to arise about to what extent the Employee Retirement Income Security Act of 1974 (ERISA) preempts state prompt pay statutes. In

Article

Locke Lord LLP | USA | 8 Apr 2014

DOL issues proposed amendment requiring a summary guide for Section 408(b)(2) disclosures

The Department of Labor ("DOL") issued a proposed amendment to the final regulations under Section 408(b)(2) of ERISA (the "Fee Disclosure

Article

Locke Lord LLP | USA | 19 Dec 2013

Supreme Court upholds ERISA plan's limitations period

On December 16, 2013, the United States Supreme Court upheld a limitations period in a long-term disability plan governed by the Employee

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