Benefits Law360 provides breaking news and analysis on employee benefits and executive compensation law. Coverage includes benefits-related litigation — including Employee Retirement Income Security Act suits and tax and compliance issues over executive compensation — as well as legislative and regulatory activity.
A disabled Alabama woman on Wednesday urged a federal judge not to force her to arbitrate her dispute with Generali Worldwide Insurance Company Ltd. over disability benefits thousands of miles away in London — slamming the agreement as both procedurally and substantively unconscionable, and therefore unenforceable.
The last week has seen former Rabobank trader Anthony Conti sue his old employer, ArcelorMittal take Essar’s investment manager to court months after acquiring its steel business, and the managing director of AlixPartners sue a prominent Irish businessman and a British property tycoon. Here, Law360 looks at those and other new claims in the U.K.
Drinker Biddle & Reath LLP has nabbed two partners for its growing employee benefits practice, adding a former Venable LLP partner in Washington, D.C., and a former Foley & Lardner LLP partner in Dallas.
The Second Circuit won’t rethink its decision to revive a proposed Employee Retirement Income Security Act class action accusing IBM of wrongly investing its workers’ retirement savings into overvalued company stock, the court ruled Friday.
Bank of America Corp. urged the U.S. Supreme Court Thursday to not review a case seeking to compel a judge to force the bank to disgorge 401(k) plan transaction profits, saying the judge correctly found no profits existed, and he shouldn’t have to issue an inappropriate remedy.