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Second Circuit Holds That ERISA Plan’s REMIC Regular-Interest Certificates Represent Beneficial Interests in Trust and Are Equity Interests Under DOL Plan-Asset Regulation; Remands for Consideration of Mortgage Servicer’s Fiduciary Status

Second Circuit Holds That ERISA Plan’s REMIC Regular-Interest Certificates Represent Beneficial Interests in Trust and Are Equity Interests Under DOL Plan-Asset Regulation; Remands for Consideration of Mortgage Servicer’s Fiduciary Status

In Powell as Trustee of United Food & Commercial Workers Union & Employers Midwest Pension Fund v. Ocwen Financial Corporation, --- F.4th ----, 2026 WL 1084825 (2d Cir. Apr. 22,…

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Second Circuit Affirms Denial of Post-Judgment Accounting and Discovery in Long-Running CIGNA Pension Plan Class Action

In Amara v. CIGNA Corp., No. 24-2913, 2026 WL 1113470 (2d Cir. Apr. 24, 2026), the Second Circuit affirmed the District of Connecticut’s denial of class plaintiffs’ motion for an…

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Sixth Circuit Holds ERISA Preempts Tennessee PBM Laws Restricting Pharmacy Network Design and Cost-Sharing Arrangements

In McKee Foods Corporation v. BFP Inc., No. 25-5416, --- F.4th ----, 2026 WL 936759 (6th Cir. Apr. 7, 2026), the Sixth Circuit Court of Appeals held that ERISA preempts…

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Sixth Circuit Holds That Garmon Doctrine Bars ERISA Fiduciary-Duty Claims That Necessarily Depend on Resolution of Disputed NLRA Obligations

In Rieth-Riley Construction Co., Inc. v. Trustees of the Operating Engineers’ Local 324 Fringe Benefit Funds, No. 25-1823, --- F.4th ----, 2026 WL 915042 (6th Cir. Apr. 3, 2026), Plaintiff…

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Second Circuit Holds RMBS Trust Certificates—but Not Notes—Can Constitute ERISA Plan Assets

In Powell as Tr. of United Food & Com. Workers Union & Emps. Midwest Pension Fund v. Ocwen Fin. Corp., No. 23-999, ---F.4th----, 2026 WL 828159 (2d Cir. Mar. 26,…

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Court Awards Short Term Disability Benefits Against Intel Disability Plan, Remands Long Term Disability Claim After Finding Claims Administrator Abused Discretion by Dismissing Treating Physicians’ Opinions

In Gupta v. Intel Short-Term Disability Plan, No. 25-cv-00871-NC, 2026 WL 821590 (N.D. Cal. Mar. 25, 2026), an ERISA action arising from the denial of short-term disability (“STD”) and long-term…

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