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Ethical Issues in Representing Significantly Underfunded Multiemployer Defined Benefit Pension Plans

ABA JOINT COMMITTEE ON EMPLOYEE BENEFITS  • DATE: February 24, 2011
SPONSORS: The Sections of Business Law; Health Law; Labor and Employment Law; Real Property, Trust and Estate Law; Taxation; Tort Trial and Insurance Practice; and the American College of Employee Benefits Counsel

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Untitled Document

A 90-minute TeleConference
THURSDAY, FEBRUARY 24, 2011

1:00-2:30 pm ET / 12:00-1:30 pm CT / 11:00 am-12:30 pm MT / 10:00 am-11:30 am PT

Moderator: Benjamin Eisner, Spear Wilderman, PC, Philadelphia, PA

Panelists: Ivelisse Berio LeBeau, Sugarman & Susskind, PA, Miami, FL; Charles P. Groppe, Morgan Lewis & Bockius LLP, Washington, DC

This program will discuss ethical issues raised by dual representation of a multiemployer fund and a sponsoring union and/or employer in the context of endangered or critical status defined benefit plans, or plans considering plan termination/mass withdrawal of employers. Generally the Board of Trustees of a multiemployer plan is both sponsor and named fiduciary. The Trustees exercise both fiduciary and settlor functions which can lead to ethical dilemmas. During the program, hypotheticals will be discussed incorporating the guidance of Model Rule 1.7 which deals with conflict of interest issues.

*****IF PAYING BY CHECK: Make checks payable to ABA-JCEB and mail to 740 15th Street, N.W., Washington, DC 20005*****


   
Ethical Issues in Representing Significantly Underfunded Multiemployer Defined Benefit Pension Plans
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