Avram Cahn

Herbert Smith Freehills Kramer

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Implications for Benefit Plans of the End of the COVID-19 National Emergency and Public Health Emergency

On Monday, April 10, President Biden signed a congressional resolution immediately ending the COVID-19 National Emergency and he had previously announced that the COVID-19 Public Health Emergency (PHE) will expire on May 11....more

5/5/2023 / CARES Act , COBRA , Coronavirus/COVID-19 , Department of Labor (DOL) , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Families First Coronavirus Response Act (FFCRA) , IRS

Republican-Led States Sue to Block ESG Investment Rule, a Fight With Potential Far-Reaching Implications for the Anti-ESG Movement

The Department of Labor (DOL) on Dec. 1, 2022, finalized regulations titled “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” (the 2022 Rule) that provide greater flexibility to retirement...more

3/6/2023 / Congressional Review Act , Corporate Governance , Department of Labor (DOL) , Employee Retirement Income Security Act (ERISA) , Environmental Social & Governance (ESG) , Proxy Voting , Shareholder Rights

Department of Labor Proposes Regulations More Favorable to ESG-based Investment Decisions

On Oct. 13, 2021, the U.S. Department of Labor (DOL) proposed amendments to its regulations (the Proposed Rule) that enhance the ability of employee benefit plan fiduciaries to consider climate change and other environmental,...more

10/21/2021 / Department of Labor (DOL) , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Environmental Social & Governance (ESG) , Proposed Rules , Proxy Voting , Retirement Plan , Retirement Plan Providers , Safe Harbors , Shareholder Rights

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