Author: Frances

A Brand New Reality for ESOP Fiduciaries – Company Stock Investments for Worker Participants in Retirement Plans of Public and Independently Held Companies Have Different Operating Needs

A Brand New Reality for ESOP Fiduciaries –  Company Stock Investments for Worker Participants in Retirement Plans of Public and Independently Held Companies Have Different Operating Needs HIGHLIGHTS: For that ESOP fiduciary of the openly traded employer, the final Court makes obvious that non-public insider details are not needed for use in reaching a choice […]

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More ERISA Complications

More ERISA Complications In passing the Worker Retirement Security Act of 1974 (“ERISA”), Congress searched for to really make it as simple and economical as you possibly can for employers to supply advantages to their workers for instance, pensions, medical health insurance, existence insurance and lengthy-term disability (Limited) insurance. However, because most of the statutes […]

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Court Rules That Walgreens Worker Who Fired Hidden Hand gun At Armed Robbers Doesn’t Have Claim For Wrongful Discharge

Court Rules That Walgreens Worker Who Fired Hidden Hand gun At Armed Robbers Doesn’t Have Claim For Wrongful Discharge The U.S. Court of Appeals for that Sixth Circuit held that the former Walgreens worker who had been discharged while he fired a hidden hand gun at armed robbers doesn’t have claim for wrongful discharge in […]

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JPMorgan Scores Major Victory in Ongoing Lehman Personal bankruptcy

JPMorgan Scores Major Victory in Ongoing Lehman Personal bankruptcy On Sept. 30, an area court resolved a substantial part of outstanding litigation within the personal bankruptcy proceeding of Lehman Siblings Holdings Corporation. and it is subsidiaries. See Lehman Bros. Holdings Corporation. v. JPMorgan Chase Bank, N.A. (In re Lehman Bros. Holdings Corporation.), No. 1:11-cv-06760 (S.D.N.Y. […]

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Top Court Requires a Spread Generic Drug Labeling Appeal

Top Court Requires a Spread Generic Drug Labeling Appeal Within the watershed situation of PLIVA, Corporation. v. Mensing,[1] the U . s . States Top Court determined that federal law preempts condition law failure-to-warn claims against generic pharmaceutical manufacturers.[2] More particularly, Mensing held the “duty of sameness”[3] legislated in to the federal drug-labeling plan relevant […]

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Texas Supreme Court Enforces Medical Criteria for Claims Involving Asbestos and Declares the Application of Chapter 90 Constitutional

Texas Supreme Court Enforces Medical Criteria for Claims Involving Asbestos and Declares the Application of Chapter 90 Constitutional In a 5–4 opinion issued in Union Carbide Corporation v. Daisy E. Synatzske et al. No. 12-0617 (Tex. July 3, 2014), the Texas Supreme Court held that Chapter 90 of the Texas Civil Practices and Remedies Code as applied […]

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SEC Alleges LLC Names Were “Deceptively Similar”, But What Would The California SOS Do?

SEC Alleges LLC Names Were “Deceptively Similar”, But What Would The California SOS Do? Yesterday, the SEC announced that it had filed a complaint against a securities professional alleging that he had defrauded “two institutions he solicited to invest in a shell company he controlled whose name was deceptively similar to that of a legitimate […]

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