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ERISA plan participant cannot sue fiduciaries of overfunded defined-benefit plan
- Winston & Strawn LLP
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- United Kingdom
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- November 9 2009
On November 3rd, a divided panel of the Eighth Circuit affirmed the district court and held that the plaintiff, a participant in a defined-benefit pension plan, could not sue defendants, plan sponsors, for violations of their ERISA fiduciary duties because the plan was overfunded during the period in question
The pitfalls of ADRs
- Winston & Strawn LLP
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- United Kingdom, USA
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- January 4 2010
On December 29th, the D.C. Circuit affirmed the dismissal of a pension fund's derivative lawsuit as barred by English law
