UPDATED INFORMATION ON
AEU BENEFITS, LLC
AEU HOLDINGS, LLC
BLACK WOLF CONSULTING, INC.
SD TRUST ADVISORS, LLC
AEU HOLDINGS, LLC EMPLOYEE BENEFIT PLAN
Update on Payment of Claims and Appeals (6/24/2020)
On October 9, 2019, the Independent Fiduciary indicated that a motion to distribute assets would be filed in June 2020 in anticipation that all Medical Claims Determination Statement appeals would be concluded at the end of February 2020. Since that website notice, the Independent Fiduciary’s office has been affected by the Covid-19 shut down. The Independent Fiduciary’s office completed its review of appeals of Medical Claims Determination Statements on June 23, 2020. Once a determination has been issued on an Medical Claims Determination Statement appeal, the provider/patient has 120 days within which to request an internal/external review. A motion to distribute assets will not be filed until the period for internal/external review has expired, which will be October 23, 2020.
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.
U.S. Department of Labor - Press Release (11/8/2017)
COURT DOCUMENTS AND ORDERS
Department of Labor Complaint (11/2/2017)
Temporary Restraining Order (11/8/2017)
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
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)
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)
Orderly Plan of Liquidation (4/20/2018)