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Maryland Enacts New Statute of Limitations for Breach-of-Trust Actions
  • McGuireWoods LLP
  • USA
  • October 15 2018

Effective Oct. 1, 2018, Maryland enacted a one-year statute of limitations for most breach-of-trust actions. To trigger the one-year limitations

Supreme Court decision makes it harder for directors to establish limitation defence where they have benefited from breach of fiduciary duty
  • Herbert Smith Freehills LLP
  • United Kingdom
  • March 12 2018

For the purposes of limitation, directors of a company are treated as trustees, given that they owe fiduciary duties to the company. There is a six

Supreme Court considers limitation defence where directors have benefited from breach of fiduciary duty
  • Herbert Smith Freehills LLP
  • United Kingdom
  • March 12 2018

The UK Supreme Court has recently considered section 21(3) of the Limitation Act 1980 which provides or a six-year limitation period for actions by a

Department of Labor Announces that Benefit Plans Providing Disability Benefits Must Comply With New Disability Claims Procedure Regulations by April 1, 2018
  • K&L Gates
  • USA
  • January 23 2018

Earlier this month, the Department of Labor (“DOL”) announced that its final rule amending the claims procedure requirements for plans providing

ERISA’s Six-Year Statute of Repose for Fiduciary-Breach Claims Can Be Tolled
  • Proskauer Rose LLP
  • USA
  • November 1 2017

The Eleventh Circuit ruled that ERISA’s six-year statute of repose can be tolled by the parties even though it is a statute of repose. During

Accountant and Attorney Liability Newsbrief
  • LeClairRyan
  • USA
  • September 21 2017

In a unanimous decision handed down on June 5, 2017, the U.S. Supreme Court has imposed what in many cases may be a substantial limitation on the

The Supreme Court Indirectly Stiffens A Fiduciary Breach Time Limit And Helps ERISA Fiduciaries In The Process
  • Seyfarth Shaw LLP
  • USA
  • July 24 2017

The Supreme Court appears to have barred equitable tolling under ERISA Section 413’s six-year statute of repose for fiduciary

5 Fundamentals of Collecting Fees
  • Dentons
  • USA
  • April 6 2017

It pays to implement an effective billing systemliterally. On the front end, having a system in place increases realization rates because it gets

SEC Speaks 2017
  • Morgan Lewis
  • USA
  • March 3 2017

Commission staff highlight key developments and successes in the SEC enforcement program. As they do every year, senior officials from the US

Key Legal & Regulatory Issues for Financial Services Companies in 2017
  • Bilzin Sumberg
  • USA
  • December 22 2016

With 2016 rapidly drawing to a close, here are some thoughts regarding the types of litigation and legalregulatory issues that will likely be