Shane J. Stroud, Special Counsel, Cadwalader, Wickersham & Taft LLP to Speak at the Knowledge Group’s Webcast

New York, NY, December 04, 2015 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Shane J. Stroud, Special Counsel, Cadwalader, Wickersham & Taft LLP will speak at the Knowledge Group’s webcast entitled: : “Prohibited Transactions Under ERISA: Obstructing Additional Taxes and Major Penalties Live Webcast.” This event is scheduled for December 7, 2015 from 3:00pm – 5:00pm (ET).

For further details, please visit:
https://theknowledgegroup.org/event-homepage/?event_id=1391

About Shane J. Stroud

Shane Stroud’s practice focuses on a wide variety of matters in the areas of employee benefits and executive compensation, including those related to mergers, acquisitions, spin-offs, initial public offerings and other extraordinary corporate events (such as private equity and leveraged buyout transactions). Shane also routinely advises clients on excessive compensation, golden parachute and deferred compensation issues.

Shane also counsels clients with respect to bankruptcy, securities, corporate governance and other laws affecting employee benefits and executive compensation matters. He also advises a wide range of companies with regard to designing and drafting equity based and incentive compensation plans. Shane has extensive experience representing both executives and employers with respect to the negotiation and drafting of executive employment and severance agreements.

He regularly advises clients on the implementation and design of qualified and non-qualified employee benefit plans (including health and welfare plans, 401(k) plans, employee stock ownership plans and supplemental executive retirement plans). Shane also advises clients on a wide variety of ERISA issues, including plan reporting and disclosure, participation, vesting, funding, benefit accrual, fiduciary responsibility, prohibited transactions, plan termination, merger and employer withdrawal liability issues.

About Cadwalader, Wickersham & Taft LLP

At Cadwalader, Wickersham & Taft LLP, we put over 200 years of legal experience and innovation to work for you today. As one of the world's most prominent financial services law firms, we have long-standing client relationships with premier financial institutions, Fortune 500 companies and other leading corporations, government entities, charitable and health care organizations, and individual private clients. We have earned a reputation for crafting innovative business and financial solutions and developing precedent-setting legal strategies to achieve our clients' goals. The result is simple: We stand out from our competition because we help you stand out from yours. Find out what makes us different.

Event Synopsis:

The “prohibited transactions” rule under the Employee Retirement Income Security Act (ERISA) was created to ban transactions highly vulnerable to abuse. Recently, the Department of Labor (DOL) has re-proposed a rule which aims to expand the definition of fiduciary investment advice. It includes two new prohibited transaction class exemptions as well as amendments to existing class exemptions. The proposed rule preserves the ability of fiduciary advisers, dealers, and insurance agents to continue accepting common forms of compensation that would otherwise be prohibited as conflicts of interest.

The DOL’s goal is to make sure that the new and amended exemptions available at the same time as the regulatory proposal becomes effective.

In a two-hour live Webcast, a seasoned panel of thought leaders and professionals assembled by The Knowledge Group will offer the audience with an in-depth discussion of the fundamentals as well as updates of ERISA’s prohibited transactions rule. The panel will also offer the audience an overview of the three categories of prohibited transactions as outlined in 29 U.S.C. § 406. Going beyond the basic mechanics, our panel will present their thoughts and opinions on how to best comply with the ERISA “prohibited transactions” rule.

Key topics include:
• Prohibited Transaction Rule - A Legal Primer
• Three Categories of Prohibited Transactions
o Transactions between Plan and party in interest;
o Transactions between Plan and fiduciary; and,
o Transfer of real or personal property to plan by party in interest.
• Prohibited Transaction Exemptions and Amendments
• Opportunities and Legal Challenges
• Up-to-the-minute Regulatory Developments

About The Knowledge Group/The Knowledge Congress Live Webcast Series

The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/