News

January 28, 2019 News

CLIENT ALERT: PBGC Expands its Mediation Program for Pension Plan Terminations, Corporate Transactions and Fiduciary Breaches

January 28, 2019 – The Pension Benefit Guaranty Corporation (“PBGC”) expanded and made permanent its mediation program, which is intended to promote a faster and more cost-effective resolution of PBGC claims than traditional litigation.  The attached Client Alert reviews the mediation program, which may be a valuable tool for sponsors of underfunded pension plans, particularly in the context of corporate transactions.

PDF of Client Alert:  PBGC Expands its Mediation Program for Pension Plan Terminations, Corporate Transactions and Fiduciary Breaches