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Category: Pension Plans

Your ERISA Watch – Sixth Circuit Rules in Favor of PBGC in Dispute over Termination of Delphi Corporation’s Pension Plan

This week’s notable decision is Black v. Pension Benefit Guar. Corp., No. 19-1419, __ F.3d __, 2020 WL 5201400 (6th Cir. Sept. 1, 2020). Plaintiffs in this case were retirees of Delphi Corporation, an automotive parts supplier and former subsidiary…

Your ERISA Watch – Eleventh Circuit Affirms Denial of Special Early Retirement Benefits to Factory Workers Following Sale of Employer by Parent Company

In this week’s notable decision, Hill v. Employee Benefits Admin. Comm. of Mueller Grp. LLC, No. 18-14026, __F.3d__, 2020 WL 4931446 (11th Cir. Aug. 24, 2020), the Eleventh Circuit Court of Appeals affirmed the denial of Special Early Retirement (“SER”)…

Your ERISA Watch – Fourth Circuit Holds Plan Fiduciary May Violate ERISA by Failing to Divest Allegedly Imprudent Frozen Single-Stock Fund

This week’s notable decision, Stegemann v. Gannett Co., Inc., No. 19-1212, __F.3d__, 2020 WL 4664798 (4th Cir. Aug. 11, 2020), results from the Fourth Circuit’s consideration of “whether and how a participant in a defined contribution plan can allege a…

Your ERISA Watch – The Difficult Dudenhoeffer Standard Saves Wells Fargo from Answering an ERISA Class Action Lawsuit

This week’s notable decision is Allen v. Wells Fargo & Co., No. 18-2781, __ F.3d __, 2020 WL 4279751 (8th Cir. July 27, 2020). The three plaintiffs, employees of Wells Fargo, brought a class action lawsuit against the bank under…

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