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United States
Nossaman LLP
The constitutionality of California's felony forfeiture statute, as applied by the Board of Administration of the California Public Employees' Retirement System (CalPERS), survived yet another challenge in September 2023...
Miller & Chevalier Chartered
Late last week, the U.S. District Court for the Northern District of Texas allowed the Department of Labor's (DOL) amendments to its Investment Duties regulation, permitting consideration...
Miller & Chevalier Chartered
Roskey suggests that fiduciaries and service providers should act now to mitigate the legal risks associated with lawsuits alleging health plans paid unreasonable and imprudent fees and expenses.
Mintz
On September 21, 2023, Judge Kacsmaryk (N.D. Texas), a famously conservative Trump-appointed jurist, upheld a Department of Labor rule promulgated by the Biden Administration...
Groom Law Group
On September 21, 2023, the District Court for the Northern District of Texas rejected a challenge brought by 26 states that argued that the Department of Labor's 2022 Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights rule was "arbitrary and capricious."
Seyfarth Shaw LLP
Seyfarth's Ada Dolph and Thomas Horan co-authored an article, "A legal opinion of ERISA threatens to ignite class action challenges to retirement plan fees," in Employee Benefit News on September 25.
Nossaman LLP
On September 21, 2023, a federal judge in Texas granted summary judgment in, and thus dismissed, a lawsuit filed by the Attorneys General of 25 states and other interested parties...
Pryor Cashman LLP
Three Pryor Cashman partners have again been honored by Lawdragon, which included Colleen L. Caden, Ronald H. Shechtman, and Joshua Zuckerberg on its 2024 "Lawdragon 500 Corporate Employment Lawyers" list.
Holland & Knight
Following the U.S. Supreme Court's decision in Hughes v. Northwestern University, the U.S. Courts of Appeals have continued to articulate the pleading standards...
Ogletree, Deakins, Nash, Smoak & Stewart
How—and when—the federal government will be funded after September 30, 2023, continued to be the main focus of our elected members of Congress this week.
Shipman & Goodwin LLP
Under a law passed in 2016, Connecticut employers with at least 5 employees must enroll employees in a state-run retirement plan, known as MyCTSavings, unless they offer their own retirement plan...
Shipman & Goodwin LLP
Timothy Klimpl authored the article entitled "SECURE 2.0's Student Loan Match Takes Effect in 2024: Are You Up to Speed?" published in ALM's Benefits Pro Magazine on August 25, 2023. SECURE 2.0...
Kelley Drye & Warren LLP
The Internal Revenue Service (IRS) has begun accepting determination letter applications for individually designed 403(b) plans. An individually designed 403(b) plan is generally...
Miller & Chevalier Chartered
In a 2-1 decision, the U.S. Court of Appeals for the Fourth Circuit issued a precedential decision last week holding that the make-whole monetary remedy of surcharge is not a form of equitable...
Bass, Berry & Sims
2023 ERISA Welfare Plan Automatic Participant Disclosures Checklist
ORBA
In December 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. Among other things, the sweeping new law made some significant changes...
Pryor Cashman LLP
Pryor Cashman Partners David Rose and Matthew Young spoke with PlanAdviser about the exceptions to attorney-client privilege that can apply to fiduciaries under Employee Retirement Income Security Act...
McGuireWoods LLP
In a highly welcome development, the IRS recently delayed by two years the deadline for plan sponsors to comply with its requirement under the SECURE 2.0 Act of 2022...
Groom Law Group
The Employee Retirement Income Security Act of 1974 is less than one year away from turning 50. For nearly the entirety of those 50 years...
Vandenack Weaver Truhlsen
Mike's practice focuses on providing experienced counsel to businesses and individuals. His areas of expertise include corporate and business law...
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