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Member Articles


No FDIC Protection for Deposits in Overseas Branches of U.S. Banks

Contact: Saul Brenner; Berdon LLP (New York, New York, USA)   Those with deposits in the overseas branches of U.S. banks cannot count on FDIC protection. The FDIC's board of directors approved a regulation¹ cla ...

Court Holds That Severance Policy is Not an ERISA Plan: Okun v. Montefiore Medical Center

Contact: Mark S. Thomas & Robert W. Shaw; Williams Mullen (North Carolina & Virginia) The U.S. District Court for the Southern District of New York has provided clear and useful guidance on a common ERISA question: what ...

Client Bequests to Financial Advisors

Contact: Sara Soto, Rebecca E. Swenson; Bressler, Amery & Ross, P.C. (New Jersey, USA) We recently tried a case involving a $1 million client bequest to a financial advisor.  The case reminded us of the issues ...

New Jersey Appellate Division Applies Six-Year Statute Of Limitation To Spill Act Contribution Claims

Contact: Keith P. McManus; Bressler, Amery & Ross, P.C. (New Jersey, USA) In an opinion issued on August 23, 2013, the Appellate Division of the Superior Court of New Jersey appears to have settled a long-outstanding a ...

The NLRB Takes On Arbitration And Class Action Waivers, Ordering Employer To Withdraw Motion To Dismiss In Federal Court

Contact: Jed L. Marcus; Bressler, Amery & Ross, P.C. (New Jersey, USA) We want to alert you to a new decision issued by an Administrative Law Judge (“ALJ”) on August 21, 2013 in which he held that JP Morgan’s ...

Same-Sex Marriages Recognized for Federal Tax Purposes Regardless of Where Taxpayers Live

Contact: Robert A. Browning; Spencer Fane Britt & Browne LLP (Missouri, USA) On August 29, 2013, the U.S. Treasury Department and the Internal Revenue Service (IRS) issued guidance (in the form of a Revenue Ruling, ...

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