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Fifth Circuit Court of Appeals Finds Severance Plan Administrator Abused Discretion
Baker McKenzie
Oct. 16, 2017 "The Court found that the administrator's interpretation of a severance plan, which resulted in denying the former executive's claim for severance pay, was an abuse of discretion because it directly contradicted the terms of the severance plan." [Langley v. Howard Hughes Mgmt. Co., L.L.C. Separation Benefits Plan, No. 16-20724 and 17-20217 (5th Cir. June 1, 2017; unpub.)] MORE >> |
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