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Zalma on Insurance

Using ERISA Plan Benefits for paying Business Debts Wrongful

By Barry Zalma
August 9, 2018

Defalcation of ERISA Plan Not Dischargeable
The United States Department of Labor (DOL) obtained a pre-bankruptcy judgment against debtor Michael Harris in federal district court. The judgment provided that, under the Employee Retirement Income Security Act of 1974 (ERISA), Harris…

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