Company Faces Class-Action COBRA Lawsuit
April 4, 2013
A former employee has sued Brunel Energy Inc. for failure to notify her of her right to maintain her health insurance coverage after she voluntarily separated from service in 2010 and her attorneys have proposed to bring the lawsuit as a class-action that could involve hundreds of other former employees.
Are your severance benefits subject to ERISA?
April 4, 2013
The provision of severance benefits may constitute an ERISA plan and therefore such arrangements may be subject to the statute’s requirements. Although case law provides guidance to employers, ultimately the facts and circumstances of the particular severance arrangement will dictate ERISA’s application. While severance arrangements that provide ongoing benefits to a number of employees will very likely be treated as a plan subject to ERISA, other severance arrangements pursuant to employment or severance agreements may or may not be subject to ERISA.
April 4, 2013
Employees, in particular executives, may be covered by a wide [...]
April 4, 2013
The Internal Revenue Service and other governmental agencies are scrutinizing [...]
