© 2018 Receivership Management Inc

UPDATED INFORMATION ON

AEU BENEFITS, LLC

AEU HOLDINGS, LLC

BLACK WOLF CONSULTING, INC.

SD TRUST ADVISORS, LLC

AEU HOLDINGS, LLC EMPLOYEE BENEFIT PLAN

 

November 2017

Update on Payment of Claims and Appeals (10/9/2019)

The Independent Fiduciary last year had stated that it anticipated making payments on unpaid medical claims in the latter part of the second quarter of 2019.  Due to the volume of appeals, this payment has been delayed.  Well over half of the unpaid medical claims present in the AEU Benefit Plan have been appealed and this has made an interim distribution not feasible.  We anticipate completing all appealed Medical Claims Determination Statements by the end of February, 2020 and filing a motion with the U.S. District Court for the Northern District of Illinois for permission to distribute the assets then currently held by the Independent Fiduciary. This motion will be filed in June of 2020.

GENERAL INFORMATION

        AEU Plan Information

        U.S. Department of Labor - Press Release (11/8/2017)

        U.S. Department of Labor Insurance and Consultants Cease and Desist Order (11/10/2017)

 

COURT DOCUMENTS AND ORDERS

 

        Department of Labor Complaint (11/2/2017)

 

        Temporary Restraining Order (11/8/2017)

 

        Signed Agreed Order Extending TRO and Setting Preliminary Injunction Hearing (11/15/2017)

On November 13, 2017, the U.S. Department of Labor filed a motion to stay all proceedings against participants, beneficiaries, the AEU Plan, employer plans participating in the AEU Plan, and plan assets.  The motion seeks to stay all federal and state court proceedings, including collections actions, against participants and beneficiaries for unpaid medical claims.  If and when the motion is granted by the Court, we will post a copy of the Order to this website with instructions as to how to the Order may be used to protect participants and beneficiaries from litigation relating to unpaid claims of the AEU Plan.

 

SECRETARY OF LABOR’S UNOPPOSED MOTION FOR AN ORDER STAYING ALL PROCEEDINGS AGAINST PARTICIPANTS, BENEFICIARIES, THE AEU HOLDINGS, LLC EMPLOYEE BENEFIT PLAN (“AEU PLAN”), EMPLOYER PLANS PARTICIPATING IN THE AEU PLAN, AND PLAN ASSETS

MEMORANDUM IN SUPPORT OF SECRETARY OF LABOR’S UNOPPOSED MOTION FOR AN ORDER STAYING ALL PROCEEDINGS AGAINST PARTICIPANTS, BENEFICIARIES, THE AEU HOLDINGS, LLC EMPLOYEE BENEFIT PLAN (“AEU PLAN”), EMPLOYER PLANS PARTICIPATING IN THE AEU PLAN, AND PLAN ASSETS

EXHIBIT A – DECLARATION OF JEANNE BARNES BRYANT

 

EXHIBIT B

 

EXHIBIT C

 

On November 15, 2017, the U.S. District Court for the Northern District of Illinois entered an Order staying all proceedings against participants, beneficiaries, the AEU Plan, employer plans participating in the AEU Plan, and plan assets.  The Order stays all federal and state court proceedings, including collections actions, and prohibits adverse credit reports against participants and beneficiaries for unpaid medical claims incurred while participating in the AEU Plan.  The Order also covers related claims for attorneys’ fees, costs, and other demands relating to unpaid medical claims.  A copy of the Order is posted here.  Participants and beneficiaries, or others on their behalf, may present a copy of this Order to any person or entity seeking payment of, or making adverse credit reports relating to, unpaid benefit claims incurred by the participant or beneficiary while they were covered by the AEU Plan. 

 

Signed Order Granting Unopposed Motion of All Writs (11/15/2017)

 

Order on Preliminary Injunction Hearing (12/13/2017)

 

Preliminary Injunction (12/13/2017)

 

Motion to Terminate Plans - Show Cause (12/15/2017)

 

Memo in Support of Motion to Terminate Plans - Show Cause (12/15/2017)

 

Notice of Motion Hearing (12/15/2017)

 

Order to Terminate (12/21/2017)

 

RE AEU Benefit Plan - ACA Tax Reporting (3/15/2018)

 

Motion to Approve Plan of Liquidation (4/13/2018)

 

Order Granting Motion to Approve Plan of Liquidation (4/18/2018)

 

Orderly Plan of Liquidation (4/20/2018)

 

Frequently Asked Questions Regarding Medical Claims Determination Statements (6/5/2018)

    AEU Benefit Plan - Explanations Codes