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Employee Benefits Business Assets

Tonkon Torp LLP

Before Selling a Business, Consider a Buyer’s Perspective

Tonkon Torp LLP on

Several situations can prompt the sale of a Company. The owners may need to fund their retirement or succession from sale proceeds. A tempting, unsolicited offer may materialize. Or the owners may simply be ready to sell the...more

Stinson - Benefits Notes Blog

More Withdrawal Liability for Unsuspecting Business Owners

I recently blogged about a Seventh Circuit Court of Appeals decision that tagged a buyer of the assets of a company contributing to a multiemployer plan with withdrawal liability that the seller had not paid. A recent Ninth...more

Proskauer - Employee Benefits & Executive...

Court Says ERISA Plan Custodian Had to Comply with State Order Attaching Plan Assets

A recent decision by the 7th U.S. Circuit Court of Appeals serves as a reminder to plan custodians that they cannot assume that federal law will always trump state law when it comes to assignment of plan assets. In Johnson...more

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