K and A

Jim Keightley testifies before Senate Judiciary Committee

ANNOUNCEMENT: Jim Keightley was invited to testify at a March 2, 2011, hearing before the Senate Judiciary Committee on “Helping Law Enforcement Find Missing Children.”  His testimony related to his experience in the Chief Counsel’s Office of the Internal Revenue Service, where he was for many years involved with issues surrounding the disclosure of tax […]

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Downsizing Employers with Ongoing Pension Plans May Face an Immediate and Significant PBGC Liability

February 18, 2009 – CLIENT ALERT: The Pension Benefit Guaranty Corporation—relying on an obscure ERISA provision that had been largely ignored for decades—is aggressively pursuing liability against downsizing employers with ongoing pension plans. On the books since 1974, ERISA Section 4062(e) empowers PBGC to make an immediate demand that an employer provide an escrow payment

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