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Text of Proposed Amendment to Prohibited Transaction Class Exemption for Lawsuit Settlements by Plans (PDF)
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
[Official Guidance] Nov. 21, 2007
7 pages. Excerpt: The proposed amendment to the class exemption, PTE 2003–39 (68 FR 75632, Dec. 31, 2003), would apply to transactions engaged in by a plan in connection with the settlement of litigation, including bankruptcy litigation. This amendment is being proposed in response to requests from practitioners and independent fiduciaries who sought an expansion of the types of consideration that plans could accept in connection with the settlement of litigation.
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