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Employee Retirement Income Security Act (ERISA) › Indemnification Clauses

Holland & Knight LLP

Something Old, Something New and Something Borrowed in Latest DOL Process Agreement

Holland & Knight LLP on

On the same day that the U.S. Department of Labor (DOL) filed a lawsuit against the Farmers National Bank of Danville (FNB) and the Weddle Brothers Construction Company Inc. Employee Stock Ownership Plan, the parties agreed...more

Carlton Fields

Sixth Circuit Clarifies Prior Reversal Of An Order That Had Vacated Arbitration Award As A Manifest Disregard Of The Law

Carlton Fields on

After an arbitrator ruled that indemnification agreements between an acquiring company and certain former directors and trustees of employee stock ownership plans, were void under ERISA, the district court vacated the...more

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