Employment Law Watch

Our Executive Compensation & Employee Benefits colleagues John D. Martini, Dennis R. BonessaDodi Walker Gross and Allison Sizemore wrote a client alert regarding Internal Revenue Service (the “IRS”) Announcement 2012-44, released on November 16, 2012, which relaxes certain procedural requirements for plan loans and hardship withdrawals to participants affected by Hurricane Sandy.  The U.S. Department of Labor (the “DOL”) followed suit on November 20, 2012 with related relief, plus additional relief for those affected by the disaster. 

To read the entire Client Alert, please click here.