Notable Developments as of 2021.05.06
2021.05.06 Caveat Employer: Claims Risks after Release Signed. It truly hurts to pay severance and then get sued. That's what recently happened to IKEA, because ... continued at Severance Agreement Litigation.
2021.04.02 Project Completion Plan not under ERISA - Employer Loses. It was a close call. The employer argued for ERISA preemption in order to foreclose former employees from asserting a wide range of possible claims in state court. The 5th Circuit decided against the employer because ... continued atSeverance Plan Litigation.
2020.09.11 National Pension Award to Fund Local Social Justice Awards. These two are linked thanks to this recently-announced ACEBC award. If you are interested in (1) hearing about a possible change to ERISA to enable retirees to convert their account balances into cost-efficient annuities, or (2) supporting social justice awards planned in 2020 for Washington (DC), Annapolis (MD), and Charleston (SC), please visit this page.
2020.07.15 "Getting Severance Right" begins with the following advice that makes this Bloomberg article worth reading: "Some employers think it is safest to follow informal, unwritten practices and to avoid the federal labor law known as ERISA. They should read on." For topically-organized information about severance plans and practices, see Severance.
WARNING AND DISCLAIMER
This site provides general information for educational purposes, is not intended either to provide legal advice or to be relied upon in any way. There is no substitute for personal legal counsel about your particular situation. This site is not affiliated with any law firm, and merely provides the views of Mark Poerio in his individual capacity.
>>> See Disclaimer for all rules of usage for this site.
Copyright © Joseph Poerio. All rights reserved.