Carlton Fields | USA | 2 Nov 2015
We previously reported on putative class actions pending against life insurers for allegedly misleading customers by engaging in "shadow" or "hollow"…
Proskauer Rose LLP | USA | 7 Jun 2011
Remedies: On the same day that the United States Supreme Court in CIGNA Corp. v. Amara (see above) suggested that the remedy of surcharge was one of equity and may be available under ERISA, the Fourth Circuit in McCravy v. Metro. Life Ins. Co., 2011 WL 1833873 (4th Cir. May 16, 2011), concluded the opposite, finding that an employee of Bank of America could not recover the full value of her......
Proskauer Rose LLP | USA | 11 Apr 2011
In Baldwin v Univ of Pittsburgh Med. Ctr., --- F.3d ---, 2011 WL 1126038 (3d Cir. Mar. 29, 2011), the Third Circuit held that an adoptive mother and her children had standing under ERISA to pursue benefits from the life insurance policies of the deceased biological mother.
Dorsey & Whitney LLP | USA | 25 Jan 2011
On January 24, 2011, the United States Supreme Court decided the case of Thompson v. North American Stainless, LP, No. 09-291.