Over the past month, scores of businesses across the country have shut down in order to minimize the spread of the coronavirus, resulting in millions of workers losing their jobs and wages. The Bureau ...

Severance plans subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) must satisfy certain compliance requirements, but federal law affords employers significant ...

Lilly’s severance pay plan is an employee benefits plan that pays benefits out of the company’s general assets and is governed by ERISA, according to the court. The plan expressly states that an ...

Executive employment relationships are rarely permanent. When an executive or other senior-level employee terminates employment, companies often must deal with difficult tax, equity, and benefits ...

Hearing the words, "you're being laid off," can bring on one of the worst feelings in the world. After all, if you're like most people, you probably count on your job to provide you with a paycheck, ...

Syracuse, N.Y. — Union workers in Syracuse who were fired from trading card giant TCGplayer have won better severance benefits. The union, Communications Workers of America Local 1123, said in a ...