Benefits & Executive Compensation

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Tesla Eyes Internal CEO Candidates If Musk Leaves Over Pay Vote

Tesla Inc. is prepared to name a new chief executive officer from inside the company if shareholders reject Elon Musk’s proposed $1 trillion pay package and he steps down, according to the chair of the EV maker’s board.

IRS CEO’s Appointment Challenged by Senior Senate Democrats

The newly appointed CEO of the IRS lacks the authority or record necessary to lead the beleaguered tax collection agency, key Democratic senators wrote to Trump administration officials on Monday.

Wolters Kluwer Faces Ex-Worker’s Long Covid Accommodation Suit

Wolters Kluwer US Inc. faces a new lawsuit alleging disability discrimination, failure to accommodate, interference, and retaliation under federal disability and medical leave laws.

Kimberly-Clark Must Pay Benefits to Deceased Worker’s Partner

Kimberly-Clark Corp. must follow the wishes of a deceased employee and pay the benefits in his 401(k) and profit-sharing plan to his long-time romantic partner, a federal court said.

Ex-Morgan Stanley Advisers Sue Labor Officials for ERISA Opinion

Three former Morgan Stanley financial advisers are suing the Labor Department over its ERISA advisory opinion, which they allege could derail hundreds of pending arbitration claims against the investment bank.

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Emotional Intelligence Might Be Your Missing Litigation Tool

Ronald Machen

WilmerHale

In-House Training and Development Falls Far Short of Law Firms

Lystra Batchoo

Vox Media

Musk’s Trillion-Dollar Pay Case Rewrites Corporate Board Rules

Anat Alon-Beck

Case Western Reserve School of Law

Latest Stories

Wall Street Rattled as Powell Downplays Next Move: Markets Wrap

Wall Street was shaken Wednesday as evidence of division at the Federal Reserve over the future of monetary policy whipsawed stocks and pushed bond yields higher.

By Rita Nazareth

Fed Cuts Rates, Powell Signals December Move ‘Far From’ Certain

Federal Reserve Chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight interest-rate cut with another in December.

Health Agency Pulls Obamacare Premium Spike in Fact Sheet Update

The Centers for Medicare & Medicaid Services deleted information on average premium spikes on HealthCare.gov from its annual open enrollment fact sheet, in a potential sign of how sensitive the issue is for the Trump administration ahead of next year’s midterm elections.

Key Takeaways From Fed Decision to Cut Rate by Quarter Point

Here are key takeaways from the Federal Reserve’s interest-rate decision on Wednesday:

California to Expand Family-Leave Benefits for Extended Family

California is expanding family-leave benefits to individuals caring for a designated person, under provisions that will become effective July 1, 2028.

Bezos-Musk Space Feud Case Lands at Delaware Supreme Court

A Delaware Supreme Court inundated with cases targeting Elon Musk turned its attention Wednesday to the other half of the space rivalry between two of the world’s richest people.

Fiserv Stock Plunges 47% as Results Confound Wall Street

Fiserv Inc. stock suffered a record plunge after the fintech slashed its outlook for full-year earnings and unveiled third-quarter results that confounded Wall Street analysts.

Net Zero Group for Asset Managers Walks Back Membership Goals

A major climate-finance alliance for asset managers is softening its requirements more than six months after BlackRock Inc. left the group.

American Airlines Requests Limits on 401(k) Anti-ESG Injunction

American Airlines Inc. asked the judge who recently ordered it to purge socially-conscious investing from its 401(k) plan to revise his injunction so that it can be “implemented effectively.”

Tesla Wants Top Delaware Court to Chop Big Lawyer Paydays

A fee award for the shareholder attorneys who challenged four years of pay for Tesla Inc.‘s board should be cut by more than $100 million, the electric vehicle-maker argued Wednesday before the Delaware Supreme Court.

Big Law's Big Paychecks: Partner Compensation, Explained

Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.

IN BRIEF

Case: Health Care & Benefits/Underpayment (E.D.N.Y.)

The court denied UMR Inc.'s motion for summary judgment and granted a physician summary judgment on his action on behalf of a patient, alleging underpayment of healthcare benefits in violation of ERISA, because UMR must interpret “usual and customary” on remand. Marc Everett MD PC v. UMR Inc., 2025 BL 384290, E.D.N.Y., 22-CV-4856 (ARR) (AYS), 10/27/25

Case: Health Care & Benefits/Pleadings (D.S.C.)

The court granted in part and denied in part Guardian Life Insurance of America’s motion to dismiss an employee’s breach of contract, bad faith, improper claim practices, and ERISA related to long-term disability benefits. Rose v. Guardian Life Ins. Co. of Am., 2025 BL 377144, D.S.C., C.A. No. 8:25-cv-03866-DCC, 10/21/25

Case: Health Care & Benefits/Attorneys’ Fees (W.D. Wash.)

The court granted a beneficiary attorneys’ fees in this ERISA action against Premera Blue Cross, The Tableau Software Inc. Employee Benefit Plan, and Salesforce.com Health and Welfare Plan challenging the denial of claims for his stay at mental health care facilities. Oksana B. v. Premera Blue Cross, 2025 BL 369465, W.D. Wash., C22-1517 MJP, 10/15/25