Myron Rumeld

Myron Rumeld

Proskauer Rose LLP

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Divided Fourth Circuit Panel Rules On Burden of Proving Loss Causation in ERISA Fiduciary Breach Case

That was the sentiment expressed in a blistering dissent by Fourth Circuit Judge J. Harvie Wilkinson in the latest ruling in a lawsuit challenging the decision by the fiduicaries of the RJR 401(k) plan to liquidate two stock...more

8/19/2014 - Breach of Duty Burden of Proof Causation ERISA Fiduciary Duty

The ERISA Litigation Newsletter - July 2014

Editor's Overview - The end of the U.S. Supreme Court's term brought two significant ERISA decisions. The first concerns the standard of review that courts apply when evaluating ERISA stock-drop claims. As discussed...more

7/17/2014 - Affordable Care Act Burwell v Hobby Lobby Contraceptive Coverage Mandate Employer Mandates ERISA FIfth Third Bancorp v Dudenhoeffer Hobby Lobby Mental Health Parity Rule Religious Exemption Religious Freedom Restoration Act SCOTUS Stock Drop Litigation

Fifth Third Bancorp v. Dudenhoeffer – An Analysis of the U.S. Supreme Court’s Decision

For over two decades, federal courts have embraced the so-called Moench presumption of prudence in ERISA stock-drop cases. Pursuant to that presumption, courts have routinely dismissed such claims absent allegations in a...more

6/26/2014 - ERISA FIfth Third Bancorp v Dudenhoeffer SCOTUS Stock Drop Litigation U.S. Bancorp

The ERISA Litigation Newsletter - June 2014

Editor's Overview - In this month's issue, our authors address severance benefit claims and ERISA disclosure requirements. In our first article, Joe Clark addresses whether a plan administrator should conduct an...more

6/16/2014 - Affordable Care Act Disclosure Requirements Employee Rights Employer Liability Issues ERISA Evidentiary Rulings Hiring & Firing Plan Administrators Reporting Requirements Settlement Severance Agreements Severance Pay

The ERISA Litigation Newsletter - July 2013

As Amy Covert and Aaron Feuer discuss below, the U.S. Supreme Court granted certiorari in Heimeshoff v. Hartford Life & Accident Insurance Co. where it is expected to rule next term on whether plan sponsors may dictate in the...more

7/12/2013 - Affordable Care Act Certiorari Compensation & Benefits ERISA Fees Form 720 Hartford Life and Accident Insurance Company Heimeshoff v. Hartford Life & Accident Insurance Co. Insurers PCORI SCOTUS Statute of Limitations

The ERISA Litigation Newsletter - May 2013

This month our articles focus on the availability of damages in complex ERISA class actions and withdrawal liability actions. Jackie Len first provides Proskauer's perspective on the implications for ERISA litigation arising...more

5/13/2013 - 403(b) Plans Affordable Care Act Class Action Class Certification Comcast v. Behrend Damages Disclosure Requirements ERISA Heimeshoff v. Hartford Life & Accident Insurance Co. IRS Liability Multiemployer Plan Pensions Private Equity Funds SCOTUS Statute of Limitations Sun Capital Partners Transparency Waivers

U.S. Supreme Court Rules That Plan Terms Trump Equitable Defenses

Today, the U.S. Supreme Court issued its ruling in U.S. Airways, Inc. v. McCutchen in which the Court unanimously ruled that a clearly drafted reimbursement clause will trump all equitable defenses....more

4/17/2013 - McCutchen v. U.S. Airways Reimbursements SCOTUS US Airways

The ERISA Litigation Newsletter - April 2013

Editor's Overview - The importance of clear and unambiguous plan language cannot be overstated. The Second Circuit recently applied this well-established principle to conclude that a plan's administrative claims process must...more

4/12/2013 - Benefit Plan Sponsors Claim Procedures ERISA Pensions

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