All ERISA plans are required to have reasonable procedures for filing benefit claims. A claim for benefits can consist simply of a participant’s request for a plan benefit. So plans should have procedures for handling benefit claims. This includes...

A subscription agreement formalizes the contractual obligation for an investor to buy securities in a securities offering. Use this template to draft this agreement for your client’s unregistered offering of common stock. READ NOW » Related...

A competitive bid loan facility is a feature that can be added to a credit agreement to provide additional pricing flexibility for investment grade borrowers. Competitive bid loans allow the borrower to solicit bids from its lenders to provide loans on...

Before the Dobbs v. Jackson Women’s Health Organization decision, costs related to an abortion procedure would (if the account were sufficient) be reimbursable under a Health FSA, an HRA, or an HSA (assuming the terms of the plan covered such costs...

When a public company maintains a defined contribution plan that includes a company stock fund as a permissible participant-directed investment, ERISA requires certain disclosures to be made. Read this practice note for information on what is required...

Catchy acronym aside, navigating environmental, social, and governance (ESG) issues is not always easy for companies in the real estate sector, especially those with a traditionally high carbon footprint. More and more, ESG performance directly impacts...

Benefit plans with more than 100 participants as of the beginning of any plan year require a financial statement audit of the plan’s financial statements (with a transition exception). Auditors should be gaining clues about the successfulness of...

With so many employees working from home (or having quarantined) during (and after) the Coronavirus Pandemic, it’s not a new story that many have benefits remaining on their pre-tax commuter cards – but no commuter expenses, like train/bus...

SEC v. Aqua-Sonic Products Corp. United States Court of Appeals for the Second Circuit May 4, 1982, Argued ; June 10, 1982, Decided No. 81-6231, No. 1116 -- August Term, 1981 Opinion  [*577]  FRIENDLY, Circuit Judge: Defendants  [**2]  Martin Hecht and...

Garcia-Torres v. Holder United States Court of Appeals for the Eighth Circuit March 15, 2011, Submitted; October 28, 2011, Filed No. 10-2307 Opinion  [*334]  NELSON, District Judge. Jose Garcia-Torres, a native and citizen of Mexico who entered the United...