Read Time:37 Second
By Jacklyn Wille
A
The dispute turns on whether the Verizon plan has the authority to recoup its disability payments from a $100,000 personal injury settlement held by the employee’s lawyer. The plan’s summary document includes “crystal-clear” language authorizing the plan to recoup payments made to a participant who later receives a third-party recovery, but it’s not clear whether the plan can recover this money from a law firm …
To read the full article log in.
Learn more about a Bloomberg Law Subscription.
source