Andrew Liazos
Subscribe to Andrew Liazos's PostsAndrew C. Liazos heads the Firm's Executive Compensation Group and the Boston Employee Benefits Practice. Andrew focuses his practice on compensation and benefit matters, including related securities, M&A, IPO, private equity, international and litigation matters. Clients range from Fortune 500 companies to compensation committees to individual executives in employment and severance negotiations. Read Andrew Liazos' full bio.
Employment Agreements and Employment Litigation
By Andrew Liazos and Ashley Altschuler on Jan 20, 2022
Posted In Employee Benefits, Employment, Executive Compensation, Retirement Plans
What effects did the COVID-19 pandemic have on employers and employment litigation in 2021? In these slides, McDermott Partners Andrew Liazos and Ashley Altschuler summarize some of the key developments in hiring, executive compensation, remote work and more. Access the slides.
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Mitigating ERISA Litigation in Current Environment
By Andrew Liazos on Oct 7, 2021
Posted In Employee Benefits, Retirement Plans
What steps can retirement plan sponsors take to mitigate Employee Retirement Income Security Act of 1974 litigation risks? McDermott Partner Andrew Liazos presented on this topic and shared best practices during the Plan Sponsor Council of America’s National Conference. Access the slides.
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EBSA Privacy and Cybersecurity Guidance
By Andrew Liazos and Todd McClelland on May 20, 2021
Posted In Employee Stock Ownership Plans (ESOPs), Fiduciary and Investment Issues, Privacy and Data Security, Retirement Plans
Andrew C. Liazos, partner at McDermott Will & Emery, recently moderated an American Bar Association panel on the new cybersecurity guidance for retirement plan sponsors issued by the Department of Labor (DOL). The panel slides included 10 takeaways for the new DOL guidance. Access the slides. As a background, the DOL’s new guidance formalized its...
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VIDEO: What’s New for Executive Compensation This Proxy Season
By Andrew Liazos on Mar 3, 2021
Posted In Employee Benefits, Executive Compensation
With a new election and administration, there also are projected impacts on proxy preparation for 2021 and beyond. McDermott partner Andrew Liazos, member and immediate past chair of the ABA’s National Institute of Executive Compensation, led a discussion together with Sharon S. Briansky, associate general counsel and secretary at Thermo Fisher Scientific along with Bindu...
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COVID-19 Stimulus Package Significantly Expands CARES Act Employee Retention Tax Credits
By David Fuller, Andrew Liazos, Brian Tiemann and Sarah L. Engle on Jan 21, 2021
Posted In Employee Benefits, Employment
The Consolidated Appropriations Act, 2021, which became law on December 27, 2020, makes significant changes to the employee retention tax credits available under the Coronavirus Aid, Relief and Economic Security Act (the CARES Act). The changes are generally designed to increase the availability, scope and amount of the credits. Significantly, employers that received a Payroll...
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IRS Reasserts That Forgivable PPP Expenses Are Not Deductible, but Is Legislative Relief on the Way?
By Andrew Liazos, William R. Pomierski and Evan Walters on Dec 18, 2020
Posted In Employment
Loans under the Payroll Protection Program (PPP) are eligible for forgiveness depending upon whether and when the loan proceeds are used for qualified business expenses. Congress provided that the forgiveness of PPP loans are not includible in income. However, the Internal Revenue Service (IRS) currently takes the position that expenses funded by PPP loans are...
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The New Electronic Disclosure Rule is Here
By Andrew Liazos on Jul 22, 2020
Posted In Employee Benefits, Retirement Plans
Plan Sponsor Council of America hosted a webinar to discuss the new electronic disclosure rule for retirement plans from the US Department of Labor (DOL), which took effect July 26, 2020. The rule allows employers to deliver disclosures to plan participants primarily electronically, which the DOL says will reduce printing, mailing, and related plan costs...
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Proposed Jobs Credit Act Would Significantly Expand CARES Act Employee Retention Tax Credits
By Sarah L. Engle, David Fuller, Brian Tiemann and Andrew Liazos on May 27, 2020
Posted In Employee Benefits, Employment, Health and Welfare Plans
A bill titled Jumpstarting Our Businesses’ Success Credit Act of 2020, which would make significant changes to the employee retention tax credits available under the CARES Act, is currently under consideration in the US House of Representatives. In this article, we outline the proposed changes, which are generally designed to increase the availability, scope and...
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CARES Act Payroll Tax Forum: IRS Weighs in on High-Profile Employee Retention Tax Credits
By Sarah L. Engle, Rachel B. Cowen, David Fuller, Brian Tiemann and Andrew Liazos on May 4, 2020
Posted In Employee Benefits, Employment
Decisions aimed at preserving your workforce in response to the COVID-19 pandemic can have a long-term impact on your business. As you prepare to emerge from government shutdown orders, recall that your workforce is your single most valuable asset. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides employee retention tax credits to help...
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CARES Act Impacts All Benefit Plans
By Andrew Liazos, Erin Steele, Evan A. Belosa, Jacob Mattinson, Judith Wethall, Lindsay Ditlow, Lisa Loesel, Ralph E. DeJong, Rick Stepanovic, Samuel Everett Dewey, Sarah L. Engle and Steven G. Eckhaus on Mar 31, 2020
Posted In Employee Benefits, Employment, Executive Compensation, Health and Welfare Plans, Retirement Plans
In the ongoing effort to help individuals impacted by COVID-19, Congress passed the Coronavirus Aid, Relief, and Economic Securities Act (CARES Act) on March 27, 2020. The President signed the CARES Act into law the same day. The historic stimulus package provides wide-ranging relief for both employers and employees. This includes rules that impact health...
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