Search for: "Pension Benefit Guaranty Corporation"
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5 Nov 2010, 1:32 pm
If underfunded government insurance programs are your thing, move past social security and consider the Pension Benefit Guaranty Corporation – a government corporation that assumes responsibility for certain private sector pension plans when the sponsoring companies are in financial “distress. [read post]
24 Feb 2023, 8:22 pm
Department of Labor Employee Benefits Security Administration, the Internal Revenue Service (“IRS”) and the Pension Benefit Guaranty Corporation (“PBGC”) announcing changes to the 2023 Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500-SF Short Form in February 23. [read post]
8 May 2024, 2:26 pm
In 2021, President Biden signed the American Rescue Plan Act of 2021, which included “Special Financial Assistance” provisions to help the Pension Benefit Guaranty Corporation bail out financially troubled multi-employer (union) pension plans at a projected cost of $74-$91 billion.[4] And in late 2022, President Biden signed the Consolidated Appropriations Act (CAA) of 2023, which included SECURE Act 2.0. [read post]
5 Jan 2010, 10:56 am
Issue: Do participants in a pension plan for which the Pension Benefit Guaranty Corporation serves as a trustee have Article III standing to sue prior plan fiduciaries for breach of fiduciary duty under ERISA, when their pension benefits have been reduced due to underfunding of the plan? [read post]
27 Aug 2019, 9:41 pm
(the parent company) benefits from limited liability vis-a-vis its subsidiaries, as the parent corporation is the shareholder of the subsidiaries. [read post]
17 Feb 2021, 10:59 am
Membership Marketing Partners LLC, the NRA's second largest creditor, is upset that the OCC in the case consists of only 5 members and that there isn't a majority of trade creditors, but instead a majority of non-trade: two litigation claimants and the Pension Benefit Guaranty Corporation. [read post]
29 Feb 2016, 4:43 pm
This past year was an eventful one in the corporate and securities litigation arena, with the U.S. [read post]
21 Jun 2015, 6:06 am
(“IRS”, por sus siglas en inglés) y la Pension Benefit Guaranty Corporation (“PBGC”). [read post]
31 Jan 2007, 3:20 am
Perspective on Trade Talks (PDF 27.3 KB) Press conference given at the World Trade Organization, Geneva, Switzerland on January 30, 2007 TRANSPORTATION01/30/2007
Letter to Interim Director of Pension Benefit Guaranty Corporation Vincent K. [read post]
28 Mar 2011, 7:02 pm
On a fourth count for piercing the corporate veil, Zell says the complaint is “bereft of any factual allegations. [read post]
28 Mar 2011, 8:05 am
Modern governments provide social services and benefits to their citizens, like social security, Medicare, and veterans’ pensions. [read post]
1 Dec 2020, 1:55 am
Here are a few examples of how Congress might evaluate these miscellaneous extenders: The tuition and fees deduction is duplicative and tends to offer smaller benefits than the tax code’s permanent education provisions that can be taken in lieu of this temporary deduction.[12] The exclusion from gross income for discharge of indebtedness on a qualified principal residence was originally for mortgage debt forgiveness that occurred in [read post]
3 Oct 2019, 3:00 am
Being Unaware of Firm Benefits I’m always surprised when I discover a lawyer that isn’t aware of the firm’s entire benefits package. [read post]
26 May 2017, 1:39 pm
Pension Benefit Guaranty Corporation v. [read post]
30 Nov 2011, 2:15 pm
Look, I spent twenty years working as a consultant for large corporations at the C-Suite and senior management levels, including several of the TBTF banks, and I’m very familiar with their corporate cultures and operations. [read post]
3 May 2010, 9:34 am
Automatic stay(a) Except as provided in subsection (b) of this section, a petition filed under section 301, 302, or 303 of this title, or an application filed under section 5(a)(3) of the Securities Investor Protection Act of 1970, operates as a stay, applicable to all entities, of—(1) the commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action or proceeding against the debtor that was or could have been commenced before the… [read post]
23 Jul 2010, 10:06 am
Automatic stay(a) Except as provided in subsection (b) of this section, a petition filed under section 301, 302, or 303 of this title, or an application filed under section 5(a)(3) of the Securities Investor Protection Act of 1970, operates as a stay, applicable to all entities, of—(1) the commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action or proceeding against the debtor that was or could have been commenced before the… [read post]
6 Aug 2018, 6:00 am
The formula can also provide a significant benefit for borrowers whose interest rate is well above the current market interest rate. [read post]
