News & Analysis as of

Insolvency Benefit Plan Sponsors

Bennett Jones LLP

New Pension Priorities in Bankruptcy and Insolvency Are Closer to Reality

Bennett Jones LLP on

Federal Bill C-228 (the Bill), new legislation intended to improve the protection of, and to extend the super-priority given to claims relating to, defined benefit pension plans in insolvency proceedings, completed third...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Proof Again That Small Plans and Their Fiduciaries Can Get Sued

I’ve heard of for years on how small 401(k) plans and their plan fiduciaries don’t get sued. While they are never going to be the target for a class action lawsuit because they don’t have enough assets to justify an ERISA...more

McGuireWoods LLP

IRS, PBGC Issue Guidance on Multiemployer Plan Benefit Suspensions and Plan Partitions

McGuireWoods LLP on

Yesterday the Internal Revenue Service (IRS) and Pension Benefit Guaranty Corporation (PBGC) issued temporary, proposed and interim final regulations and a revenue procedure (collectively, the Guidance) under the...more

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