On December 15, the ERISA Industry Committee (ERIC) filed comments with the US Department of the Treasury and the Internal Revenue Service in response to a request for information regarding plan qualification requirements in light of the elimination of the determination letter program for ongoing individually designed plans.
Join us in November for our upcoming programs on a variety of employee benefits and executive compensation topics.
On September 26, the US Court of Appeals for the Fifth Circuit ruled that a stock-drop complaint against BP and fiduciaries of its 401(k) plan failed to state a plausible claim of imprudence based on insider information under the pleading standards established in Fifth Third Bancorp v. Dudenhoeffer.
As covered in our LawFlash published earlier today, the US Department of Labor has released the first of three waves of frequently asked questions regarding the fiduciary rule.
Congratulations to our ERISA litigation practice for being recognized by Bloomberg BNA for “getting the most business in ERISA class actions defending large employers.”
On July 1, 2016, the US Department of Labor (DOL) published an interim final rule (Interim Rule) in the Federal Register adjusting for inflation the amount of certain civil monetary penalties imposed under the Employee Retirement Income Security Act of 1974, as amended (ERISA) and assessed and enforced by the Employee Benefits Security Administration.
The ERISA “Plan Asset” rule is complex, and the world of sophisticated financial instruments makes its application even more challenging.
The decision by British voters in a June 23, 2016 referendum to leave the European Union has significantly affected both the equity and debt segments of international financial markets.
The US Department of Labor (DOL) recently proposed revisions to Form 5500 (Annual Return/Report for Employee Benefit Plan), the related schedules, and the rules that govern the forms . In general, these changes would first apply for the 2019 plan year, although certain changes may be implemented earlier.