ERISA Lawyer Chicago

 

ERISA Lawyer Chicago

Loftus And Eisenberg, Ltd. is expert in representing plan participants in complex litigation that involves ERISA pension losses caused by inadequate investment advice and conflicts of interests. This includes class-action litigation.

Disability insurance claimants are particularly vulnerable to a variety of problems due to the complexity of ERISA regulations. ERISA requires that all disability claims undergo a mandatory appeals procedure.

Fiduciary Duty

Michael has a passion for protecting the rights of those who are being unfairly abused by insurance companies and employers in ERISA litigation regarding benefits disputes. Michael Bartolic is the managing partner of Bartolic Law. He leads a team dedicated to ensuring that the playing field is leveled.

Fiduciary relationships arise when a vulnerable person, such as an elderly person, trusts money or other assets to someone else for protection or help. In this situation, a fiduciary has responsibilities to act exclusively for the benefit of the beneficiary's benefit at all times.

Fiduciary obligations are the fiduciary obligation of loyalty to care, loyalty, and good faith. For example the fiduciary responsibility of a lawyer requires him or her to prioritize the client's best interests and to keep confidential information confidential and to exercise diligence and prudence while handling the client's case. This includes avoiding conflict of interest and using company information to benefit oneself personally.

Administrative Appeal

Most federal and state administrative agencies have a procedure for appeal a decision made by the agency to the courts. It is essential to adhere to the guidelines for making an appeal. It can be complicated and difficult, but an experienced ERISA attorney can help get through the procedure.

A ERISA attorney is also acquainted with the various forms of insurance and retirement benefits that are controlled by ERISA. Our Chicago ERISA lawyer can assist clients with disputing denials of disability, life insurance and accidental death benefits or severance benefits claims. He can also fight against insurance companies who are not recognizable and are a barrier between policyholders and financial security.

An ERISA lawyer at DarrasLaw could be of great assistance in defending against a denial of a claim, or a breach of fiduciary obligation by a plan administrator or an insurance company. Our attorneys are on a contingency basis and have represented clients in ERISA cases that set precedents.

ERISA Litigation

Due to the complex regulatory requirements and a brisk plaintiffs' bar, the issue of employee benefits litigation has become a "bet the company" concern for businesses. Our ERISA attorneys are able to avoid costly litigation by implementing proactive compliance strategies. If litigation does happen we can successfully represent clients in court.

We have extensive litigation experience with claims relating to 401(k) and employee stock ownership, profit-sharing and stock-bonus programs, as well as life, health, and disability insurance benefits. We have obtained dismissals of class actions, fought motions to certify classes, obtained summary judgments, and have defended clients in court.

We also have experience the defense of alleged fiduciary conflicts in interest. These cases typically involve ESOPs (employee stock purchase plan) which invest in the employer's stock. In these cases, the claimants seek damages for the losses they suffered as a result of the conflict of interest. Our team is led by a former chairperson of the ABA Benefits Committee, and includes members who have been recognized for their achievements in their fields.

Loftus & Eisenberg

Loftus & Eisenberg is a business litigation firm that has an extensive practice. We concentrate on consumer and class actions. Gail's ERISA practice involves representing pension plan beneficiaries who have sustained extensive damage as a result from breach of fiduciary duties and poor investment advice. She also deals with employment issues such as discrimination, harassment and Retaliation.

She has a track of success in resolving significant cases via arbitration, trial and mediation. She has also represented clients in complex cases involving intellectual property contracts, partnership or shareholder disputes, and other business litigation.

She is involved in alternative fee agreements for all litigation issues, ensuring efficient and aggressive representation while focusing on the goals of the client. This allows clients to avoid paying for work that is not required or efficient. This includes flat fees and fixed monthly retainers. Additionally, it includes partial contingency fees as well as pure contingency fees, where there is no attorney fee charged unless money is recovered. This is different from most firms that are founded on hours. 

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