Compass
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Second Circuit: Owner of Contributing Employer May Have Personal Fiduciary Liability for Delinquent Contributions
Proskauer's ERISA Practice Center Mar. 10, 2015 "The Second Circuit held that the owner of a contributing employer to multiemployer benefit plans breached his fiduciary duties by failing to make required contributions and was thus personally liable for the delinquencies, interest, and attorneys' fees.... [T]he Court also ruled that the owner was not obligated to pay liquidated damages because the owner was liable under a fiduciary breach claim, not a claim for delinquent contributions." [Bricklayers v. Moulton Masonry, No. 14-295 (2d Cir. Feb. 26, 2015)] |
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