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New York City Restarts Construction During Phase One Reopening
These rules are joined by a requirement to develop site-specific health plans. Specific construction businesses permitted to reopen are the following: Residential building construction; Land subdivision; Building finishing contractors; Highway,...
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Fiduciary Liability of Administrative Staff
This applies to written and verbal communications. The court determined that if the plan itself was clear in communicating benefits to participants, misstatements by the administrative staff would not undermine...
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Surety Bonds
court ordered court & fiduciary bonds. Court bonds are often required when the outcome of a case is still pending, such as an appeal or injunction/temporary restraining order. Fiduciary bonds...
In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss
set out and linked to the breach. In Brotherston v. Putnam Investments LLC (1st Cir. 2018), the First Circuit joined with four circuits in deciding that in fiduciary breach cases, it is...
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Can You Avoid Fiduciary Liability?
substantially easier. That’s why the court determined that process, not results, are the important factor in determining whether the fiduciary violated its duty in choosing an investment. A fiduciary can...
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Danya Karim
dkarim@colonialsurety.com Customer Service Representative, ERISA 201-949-1145...
Kamila Esquivel
kesquivel@colonialsurety.com Customer Service Representative, Commercial Surety 201-949-1135...
Haley Aliseo
haliseo@colonialsurety.com Account Manager, ERISA 201-949-1153...
Celebrating ERISA At 50?
When the Employee Retirement Income Security Act makes headlines, it’s usually something for plan sponsors to worry about, such as lawsuits, increased regulatory measures or cybersecurity concerns. But here’s...
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