JoAnn Dalrymple

JoAnn Dalrymple

Jackson Walker

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Supreme Court Revisits Stock Drop Fiduciary Standards

In Amgen v. Harris, the Supreme Court for the second time considered whether the plan participants sufficiently stated a claim against the plan fiduciaries for breach of fiduciary duty under ERISA by continuing to provide...more

2/2/2016 - Amgen Duty of Prudence ERISA Failure To State A Claim Fiduciary Duty FIfth Third Bancorp v Dudenhoeffer Inside Information Plan Participants Pleading Standards SCOTUS Stock Drop Litigation

Supreme Court Rules No ERISA Plan Recovery of Nontraceable Settlement Funds

In Montanile v. Bd. of Trs. of the Nat'l Elevator Indus. Health Benefit Plan, the U.S. Supreme Court on January 19 held that when an ERISA plan participant wholly dissipates a third-party settlement on nontraceable items, a...more

1/22/2016 - Employee Benefits Equitable Relief ERISA Medical Expenses Medical Liens Montanile v Board of Trustees SCOTUS Settlement

Fifth Circuit Upholds ERISA Disability and Life Benefit Denials

In two decisions issued last month, the Fifth Circuit upheld ERISA plan denials of disability and life benefits, confirming its deferential approach in most ERISA benefit cases....more

1/16/2016 - Abuse of Discretion Appeals Conflicts of Interest Denial of Benefits Disability ERISA Life Insurance Plan Administrators

Supreme Court Upholds Obamacare Tax Subsidies

Yesterday the United States Supreme Court announced its decision upholding tax subsidies for individuals who obtain health coverage in a state that has a Federal Exchange. The Court's 6-3 opinion in King v. Burwell is here...more

6/26/2015 - Affordable Care Act Employer Mandates Health Insurance Health Insurance Exchanges Individual Mandate King v Burwell SCOTUS Subsidies Tax Credits

Supreme Court Vacates Ruling on Time-Barred ERISA Claims

In Tibble v. Edison Int’l1, the U.S. Supreme Court today vacated a Ninth Circuit ruling that Edison plan beneficiaries' ERISA (Employee Retirement Income Security Act) fiduciary claims against the company based on allegedly...more

5/20/2015 - Benefit Plan Sponsors Breach of Duty ERISA Fiduciary Duty Retirement Plan SCOTUS Tibble v Edison Int

Reasonable Fee Issues for Fiduciaries on the Horizon

The Supreme Court is poised to address whether fiduciaries' decisions—especially in using fee sharing arrangements—are subject to deference when challenged. The Eighth and Ninth Circuit courts recently decided these issues,...more

10/15/2014 - Abuse of Discretion Benefit Plan Sponsors Employee Benefits ERISA Fee-Sharing Fiduciary Duty Retirement Plan Revenue Sharing SCOTUS Self-Dealing Statute of Limitations

Supreme Court Strikes Down Presumption of Prudence to ESOP Fiduciaries

In Fifth Third Bancorp v. Dudenhoeffer,1 the U.S. Supreme Court yesterday held that ESOP (employee stock ownership plan) fiduciaries are not entitled to any special presumption of prudence and are subject to the same duty of...more

6/27/2014 - ERISA ESOP FIfth Third Bancorp v Dudenhoeffer Fifth Third Mortgage Company SCOTUS Stock Drop Litigation US Bancorp

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