In Severance Benefits Dispute, Second Circuit Upholds Plan's Denial Based on Layoff Definition Applying Section 409A | Practical Law
This case involves litigation under the Employee Retirement Income Security Act of 1974 (ERISA) resulting from an employer's denial of severance benefits to a former employee who was terminated after a stroke and other serious health problems left her unable to work. On appeal, the US Court of Appeals for the Second Circuit concluded that the employee failed to show that the plan administrator's denial of severance benefits was arbitrary and capricious.