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  As a consequence, SolarWinds found itself the target of litigation, including a derivative suit before the Delaware Court of Chancery in Construction Industry Laborers Pension Fund v. [read post]
24 Oct 2022, 2:31 pm by Kevin LaCroix
Any example of a successful Motion to Dismiss in derivative litigation involving Caremark claims would be that in Construction Industry LaborersPension Fund v. [read post]
17 Oct 2022, 2:05 pm by Kevin LaCroix
As I discussed in a recent post (here), as many as 14 U.S. states had at that time adopted or proposed legislation that, for example, would prohibit the state’s pension fund from adopting an ESG-oriented investment approach or from working with a money manager or fund that takes an ESG investment approach. [read post]
15 Oct 2022, 6:31 am
The Delaware Chancery Court’s recent opinion in Construction Industry Laborers Pension Fund et al. v. [read post]
8 Oct 2022, 10:41 am by Francis Pileggi
” The Vice Chancellor said additionally, the plaintiffs, led by the Construction Industry Laborers and Central Laborers pension funds, were dismissed because, “only utter failures by directors to impose a system for reporting risk, or failure to act in the face of “red flags” disclosed to them so vibrant the lack of action implicates bad faith, in connection with the corporation’s violation of positive law, have led… [read post]
4 Oct 2022, 2:57 pm by Cynthia Marcotte Stamer
Insolvent single employer pension plan funding is covered under a separate PBGC insurance program. [read post]
22 Sep 2022, 12:15 am
Laborers District Council Construction Industry Pension Fund, 135 S. [read post]
3 Dec 2021, 3:00 am by Jim Sedor
State Redistricting Commissions Get Mixed Reviews MSN – Michael Macagnone (Roll Call) | Published: 12/2/2021 Most state Legislatures control the map-drawing process, but a handful now have redistricting commissions of varying construction and independence with a say in line drawing. [read post]
19 Nov 2021, 3:00 am by Jim Sedor
The Sixteen Thirty Fund financed attack ads and funded massive get-out-the-vote and issue advocacy campaigns amid the coronavirus pandemic. [read post]
8 Nov 2021, 10:48 am by Peter Lee, Lucky Meinz and Keahn Morris
  In 2019, AB 1654 was passed, which exempted construction employees in the construction industry. [read post]
The suit, first filed under seal last week, was brought on behalf of Central LaborersPension Fund and Construction Industry Laborers Pension Fund in a Delaware court. [read post]
19 Oct 2021, 10:10 am by Cynthia Marcotte Stamer
EBSA’s first official recognition of a cybersecurity responsibility by plan fiduciaries appears in the Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA Final Rule (the “Electronic Disclosure Rule”), which took effect July 27, 2020 . [read post]
17 Sep 2021, 7:22 am
 Pix Credit HERE It is only appropriate that, as China's leading societal forces celebrate the 100th anniversary of its organization as the Communist Party of China, that  this vanguard consider carefully its own progress and the way it meets its responsibilities as the leading force charged with the guidance of the Chinese nation toward the establishment of a communist society. [read post]
9 Jun 2021, 8:28 am
 The USICA "is comprised of bills reported out of the committees on Commerce, Science, and Transportation; Foreign Relations; Homeland Security and Governmental Affairs; Banking, Housing, and Urban Affairs; Health, Education, Labor, and Pensions; and the Judiciary. [read post]