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16 May 2024, 1:24 pm
This article discusses some of these requirements and related guidance issued by the DOL, the Internal Revenue Service (IRS) and the Pension Benefit Guaranty Corporation (PBGC), as well as some related future guidance to be issued by the DOL as required by SECURE Act 2.0. 1. [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]
9 Apr 2024, 9:01 pm
Background The debtors—Yellow Corporation (“Yellow Corp. [read post]
19 Mar 2024, 8:42 pm
First and foremost is the political messaging risk. [read post]
14 Mar 2024, 2:00 am
., and New York City Housing Development Corporation (HDC) President Eric Enderlin announced an initiative to provide up to $50 million to help Minority Business Enterprises (MBE) overcome financial barriers and participate in developing much needed affordable housing for New Yorkers. [read post]
26 Oct 2023, 12:22 pm
On October 25, 2023, the Financial Condition (E) Committee (the “E Committee”) of the National Association of Insurance Commissioners (“NAIC”) adopted revisions to the Property and Casualty Insurance Guaranty Association Model Act (#540) which would ensure guaranty fund coverage following insurance business transfer or corporate division transactions. [read post]
26 May 2023, 12:08 pm
Financial Life Insurance Co.13‐0231‐EXM In Re: Target Market Conduct Examination of United of Omaha Life Insurance Co.13‐0960‐EXM In Re: Market Conduct Examination of Agar Insurance Agency, Inc.13‐1020‐EXM In Re: Market Conduct Examination of Health Care Service Corporation14‐0412‐EXM In Re: Target Market Conduct Examination of Farmers Insurance Co., Inc.15‐0432‐EXM In Re: Market Conduct Examination of… [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]
23 Jan 2023, 11:26 am
The customer may also be more motivated to ensure that the supplier is paid in situations where the customer’s principal has personal liability for payment under the personal guaranty than in situations where the only assets at risk after a default are the corporate assets. [read post]
23 Jan 2023, 11:26 am
The customer may also be more motivated to ensure that the supplier is paid in situations where the customer’s principal has personal liability for payment under the personal guaranty than in situations where the only assets at risk after a default are the corporate assets. [read post]
15 Jan 2023, 11:51 am
What Is the Pension Benefit Guaranty Corporation? [read post]
5 Jan 2023, 6:13 am
Agency for International Development; Export-Import Bank; Federal Mine Safety and Health Review Commission; and the Pension Benefit Guaranty Corporation. [read post]
21 Oct 2022, 11:33 am
First, it claimed that these other agencies have a “narrower” mission than the CFPB. [read post]
1 Feb 2022, 4:08 pm
The act helps to support our military and first responders by ensuring that government contractors provide equipment that is safe, effective and cost efficient; to safeguard American businesses and workers by promoting compliance with customs laws, trade agreements, visa requirements and small business protections; and to protect other critical government programs ranging from the provision of disaster relief funds to nutrition benefits for needy families.In 1986, Congress… [read post]
30 Sep 2021, 10:00 pm
For example, most states guaranty owners a right to “inspect the books”. [read post]
1 Jul 2021, 8:30 am
When Purdue filed for bankruptcy, PPI was the first case to file. [read post]
26 Apr 2021, 1:57 pm
., a Professional Medical Corporation (Walia PMC), and its owner, Dr. [read post]
8 Feb 2021, 10:35 am
The post Former Broker Frank Zito Sanctioned by FINRA for His Alleged Participation in Madison Timber Properties Ponzi Scheme appeared first on . [read post]
8 Feb 2021, 10:35 am
The post Former Broker Frank Zito Sanctioned by FINRA for His Alleged Participation in Madison Timber Properties Ponzi Scheme appeared first on . [read post]
16 Dec 2020, 12:22 pm
Moreover, the law is limited to a personal guaranty made by an individual who is not the tenant, allowing the landlord to pursue a tenant-guarantor or any corporate entity guarantor. [read post]
