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Justices make it easier to sue over 401(k) retirement plans
WASHINGTON (AP) — The Supreme Court has ruled unanimously in favor of participants in employee retirement plans who object to companies’ investment decisions that eat into retirement savings. The justices on Monday revived claims by current and former employees of energy company Edison International. The employees argued that the company chose mutual funds with excessive […]
Court fleshes out how to calculate ‘income’ for child support
A North Carolina appellate court has for the first time addressed the effect that payments an employer makes on behalf of an employee have on the employee's adjusted gross income under the child-support guidelines in G.S. § 50-13.4(c). "Any time we have a new case that helps us define what is income and what is not for calculating child support, it is a big deal," said Charlotte attorney Rebecca [...]
Banks & Banking – Class Action – Pension Plans – ERISA – 401(k)
Pender v. Bank of America Corp. (Lawyers Weekly No. 10-04-0849, 17 pp.) (Graham C. Mullen, J.) W.D.N.C. Holding: Plaintiffs who claim they were wrongfully deprived of benefits under Bank of America’s retirement plans can be certified as a class to proceed because they meet the requirements under the Federal Rules of Civil Procedure. Facts The […]
Lousy real estate market makes it harder for couples to split
The collapse of the real estate market and the effects of the recession have thrown the once relatively predictable practice of family law into turmoil, with attorneys having to learn new skills, work harder to calm down anxious clients, and even wait longer for payment. "It's presenting a whole new set of challenges, and we weren't especially well equipped to do that," said Lee Rosen, who practic[...]
Required minimum distributions back in 2010
After taking a year off in 2009, required minimum distributions are back. In 2008, Congress passed a bill that suspended the rule requiring retirees over the age of 70 and 1/2 to withdraw a certain amount from their individual retirement and 401(k) accounts in 2009. The one-year moratorium applied to IRAs, Roth IRAs and defined […]
Top Legal News
- Catesha Hargro: Finding pathways forward
- Cooper vetoes bill over control of election boards
- Judge dismisses state lawmaker’s defamation suit
- 5th Circuit blocks Louisiana redistricting hearings
- Bonnie Keen: Charting her own course
- Courts’ work will continue amid government shutdown
- NC lawmakers to redraw district maps again
- Mississippi activists ask to join water lawsuit
- State judge blocks gender-affirming care ban
- Menendez pleads not guilty in wide-ranging corruption case
- Lawyer in Trump-Russia probe confirmed for Connecticut high court
- Commercial vehicle crash claims life of wife, mother: $3.99 million settlement
Commentary
- Amotion sees resurgence after almost a decade
- The flip side of generative AI in law and how to address it
- The fight for equal educational opportunity continues
- Court’s term was rough on big business
- Ex-president, bar association have made their choice
- Ruling sharpens boundaries in attorney-client privilege
- Lawyers Weekly debuts new and improved web experience
- US Supreme Court bites back at parody’s use of the First Amendment
- Supreme Court leaves key internet protection untouched
- Case study: North Carolina courts provide guidance on scope, limitations of attorney-client privilege
- A Different Ode to Pro Bono Work
- A roadmap to attracting, developing, retaining great associates
