Shafer v. Morgan Stanley
Published on:
January 29, 2025
Committee:
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether employees can retrospectively recast deferred compensation programs as “ERISA plans” and thereby be entitled, under ERISA’s vesting and anti-forfeiture rules, to payment of deferred compensation even if the employees leave before the awards have vested or otherwise fail to meet the agreed-upon terms of the awards.
Counsel of Record:
Orrick Herrington & Sutcliffe LLP
Michael Delikat
Robert M. Loeb
Alyssa Barnard-Yanni
Other Amici:
None.