Legal News

People who are late are usually late most of the time. I’m usually always early for a meeting unless I severely misjudged traffic. I have a business partner who is almost always late, very rarely is he on time....By: Ary Rosenbaum

I’m very outspoken, probably too much. Many people in the industry don’t like flamethrowers who call things as they see it. While it might cost me a speaking slot at some event, it has allowed me to have a following of other plan providers who like...By: Ary Rosenbaum

California provides three statutorily recognized construction payment remedies: (1) mechanics liens; (2) stop payment notices; and (3) payment bond claims. Each is intended to provide payment protections for those who furnish labor, materials and...By: Wendel, Rosen, Black & Dean LLP

Things That 401(k) Plan Sponsors Are Supposed To Do, But Aren't Doing Anyway. So many things they should be doing, but aren't. There are so many things in life that we're supposed to do, but we don't. Flossing teeth and gums are probably at the top...By: Ary Rosenbaum

There are so many things in life that we’re supposed to do, but we don’t. Flossing teeth and gums are probably at the top of the list, along with drinking 8 cups of water daily, plus eating lots of fruits and vegetables. If we don’t do what we’re...By: Ary Rosenbaum

According to the California Judicial Council you have about a one in three chance your case will go to trial. In 2018, of the 210,028 unlimited civil cases that were filed (i.e., cases with an amount at issue of more than $25,000) only 33 percent...By: Wendel, Rosen, Black & Dean LLP

I used to use a lot of paper in my law practice. Then I had 10 feet of water in my office after Hurricane Sandy and my file cabinet was outside, drying off for the next six months. Let’s just say I went paperless after that....By: Ary Rosenbaum

As an ERISA attorney for almost 21 years (my career can get its own drink), I have seen a lot of strange things that plan sponsors have done to risk the ire of the Internal Revenue Service (IRS) and the Department of Labor (DOL).  Many of these...By: Ary Rosenbaum

My local school board is run by a clique who see nothing wrong that some of their children got hired by the school district, hiring decisions approved by the board (minus the parent who abstains). The board and their minions will tell you that there...By: Ary Rosenbaum

The problem with being a 401(k) plan sponsor is that you have to be on top of everything because as a fiduciary, you have the highest duty of care in law and equity. Being on top of everything also includes finding out what is new and what might be a...By: Ary Rosenbaum