As a case that has lasted fifteen years reaches its likely conclusion, the Fourth Circuit Court of Appeals has clarified the “loss causation” standard applicable to claims of ERISA fiduciary breach involving non-employer stock.
A recent decision from the Ninth Circuit Court of Appeals in DB Healthcare, LLC v. Blue Cross Blue Shield of Arizona, Inc., No. 14-16518, 2017 WL 1075050 (9th Cir. Mar. 22, 2017) reaffirms that health care providers are not health plan “beneficiaries” with the ability to sue under ERISA.
Twenty Arent Fox LLP practices have been recognized in the 2016 “Best Law Firms” rankings that are published annually by U.S. News & World Report and Best Lawyers.
The 2016 edition of Legal 500 US has rated 46 Arent Fox LLP attorneys as national leaders in their field. In addition, 14 of the firm’s practice areas were ranked among the best in the country.
Seventeen Arent Fox LLP practice areas have been recognized in the 2015 “Best Law Firms” rankings that are published annually by U.S. News & World Report and Best Lawyers.
The 2015 edition of Legal 500 US has rated 50 Arent Fox LLP attorneys as national leaders in their field. In addition, 15 of the firm’s practice areas were ranked among the best in the country.
In July, the Institutional Retirement Income Council (IRIC) announced that the perceived “fiduciary concerns” for adding lifetime income solutions to qualified retirement plans may not be as challenging for sponsors as previously feared.
On June 25, 2014, in a unanimous decision, the US Supreme Court struck down the “presumption of prudence” afforded ERISA fiduciaries with respect to employer stock investments in employee stock ownership plans (ESOPs) and defined contribution plans.
Arent Fox Complex Litigation associate Alison Lima Andersen spoke with Medical Practice Compliance after physicians won a big victory in their fight against private payers’ demands to return overpayments and unilateral offsets of the funds from a physician’s subsequent claims.
Arent Fox ERISA partner William R. Charyk was quoted in multiple publications — including Human Resource Executive, BenefitsLink Retirement Plans, and Plan Sponsor — on the issue of mandating lifetime income illustrations.
On June 26, 2013, the US Supreme Court’s decision in United States v. Windsor struck down Section 3 of the federal law known as the Defense of Marriage Act (DOMA).