8/4/2026 2:32:26 PM Two Appellate Courts Apply a Deferential Standard of Review in Recent ESOP and 401(k) Class Action Lawsuits By Theodore Van Beek Federal courts have long applied a highly deferential “abuse of discretion” standard of review to claims for benefits under ERISA Section...
5/12/2026 4:51:34 PM Assistant Secretary of Labor Discusses EBSA’s Efforts to Restore Regulatory and Litigation Balance, Including as to ESOPs By Andrew Salek-Raham Larry Blocho On May 8, 2026, Assistant Secretary of Labor Daniel Aronowitz delivered remarks at The ESOP Association’s National Conference in...
4/16/2026 12:59:56 PM EBSA Issues Guidance Signaling Continued Shift in ESOP Regulatory Environment By Lars Golumbic Andrew Salek-Raham Larry Blocho On April 14, 2026, the Employee Benefits Security Administration (“EBSA”) issued Field Assistance Bulletin (“FAB”) No. 2026-01. The new...
3/31/2026 2:11:25 AM ESOP Sponsor & Trustee Defeat Novel Releveraging Lawsuit By Lars Golumbic Andrew Salek-Raham Larry Blocho A federal court granted summary judgment to all defendants in Shipp v. Central States Manufacturing, Inc., No. 5:23-cv-05215 (W.D. Ark.),...