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Health Plan Participant Uses ERISA Sec. 510 to Keep Health Coverage in Corporate Transaction
Deloitte & Touche Human Capital Advisory Services
Nov. 5, 2002
Excerpt: In Lessard v. Applied Risk Management, No. 01-15648 (9th Cir. October 3, 2002), the court held two companies violated ERISA section 510 when, pursuant to an asset purchase agreement, the buyer automatically hired the seller's active employees and provided them with health insurance coverage, but refused to provide coverage for the seller's employees on extended leaves of absence until they returned to work.
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