LexisNexis® Legal Newsroom
Troutman Sanders LLP: Interest Rate for 401(k) Plan Participant Loans May Need to Be Prime Plus 2%

By Jonathan A. Kenter , Evelyn Small Traub , Jeffery R. Banish , Lynda M. Crouse , Tina A. DeNapoli , Jeanne E. Floyd , Stephen G. Gorell , Kristina Rae Jones , Edith "Edie" Margaret Lindsay , Roger S. Reigner Jr. , Mamta K. Shah and Wallace "Wally" M. Starke During a recent phone...

Williams Mullen: Case Holds That ERISA Claims Based On Initial Investment Decisions Are Time-Barred

BY: MARK S. THOMAS & ROBERT W. SHAW In a suit brought under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") against Bank of America and its Corporate Benefits Committee, the U.S. District Court for the Western District of North Carolina held that certain...