PLDO Law Blog

Month: May 2015

The Supreme Court of the United States holds that ERISA plan fiduciaries have a continuing duty to monitor the prudence of plan investments in pension and 401(k)/defined contribution plans

A decision issued last week by the Supreme Court of the United States (SCOTUS) has significant implications for both ERISA plan fiduciaries and plan participants. In Tibble v. Edison, SCOTUS held that, in addition to the duty to exercise reasonable prudence in the...

CONSIDERATIONS FOR NEGOTIATING COMMERCIAL LEASES

While some of the provisions contained in commercial lease agreements may be considered commonplace or “boilerplate” language, there are certain issues that require specific attention, depending upon your position in such transactions as the landlord/lessor or the...

PLANNING FOR THE MORTALITY OF A CLOSELY-HELD BUSINESS

When launching a new business venture, it is likely (and more fun) to focus on strategic planning, growth and implementation. However, it is vital in the early stages to give serious consideration to an exit strategy and business succession plan. Business structures...