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Benefits and Compensation

[08/23] SKorea's pension fund eyes US pipeline stake
[08/19] Workplace deaths fall to lowest level since 1992

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[09/03] BP says cost of Gulf of Mexico spill hits $8B
[09/03] Police question scientist in Miami airport scare
[09/03] Judge: Paris Hilton may owe $160K over movie deal

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ERISA

[08/31] Cent. States Southeast & Southwest Areas Pension Fund v. O'Neil Bros. Transfer & Storage Co.
In a multi-employer pension fund administrator's suit against an employer seeking interim payment of withdrawal liability under the Employee Retirement Income Security Act, district court's grant of summary judgment for administrator is affirmed as defendant's default is governed by the provisions of 29 U.S.C. section 1399(c)(5)(B), and under that section, as interpreted reasonably by the Pension Benefit Guaranty Corporation (PBGC), the entire amount of the withdrawal payment is immediately payable upon default and that obligation is not deferred because of the pendency of arbitration.

[08/31] Howley v. Mellon Fin. Corp.
In plaintiff's suit for benefits and for unlawful discrimination under ERISA, as well as several related state law claims, arising from denial of plaintiff's claim for benefits under defendant's Displacement Program, district court's grant of plaintiff's motion for summary judgment is affirmed as, although the district court erred in applying a heightened standard of review and by considering the extra-record evidence that managers helped plan plaintiff's termination prior to the sale of the company, it is nonetheless clear that defendant abused its discretion in denying plaintiff's claim for benefits.

[08/30] Bell v. Pfizer, Inc.
In an action for failure to provide ERISA benefits, judgment for defendants is affirmed where defendants' alleged misrepresentations concerned only plaintiff's stock benefits under a non-ERISA plan and, therefore, did not violate any fiduciary obligations under ERISA.

[08/17] Marshall v. Baggett
In an action to recover delinquent contributions to an ERISA plan, judgment for plaintiff is vacated where the district court erred in granting the default judgment because the complaint did not support a judgment against defendant in her individual capacity.

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