3rd Circuit Orders Judgment For Trustees, Grandchildren In Trust Benefits Row

( September 19, 2024, 1:27 PM EDT) -- PHILADELPHIA — In a Sept. 18 nonprecedential disposition resolving all claims in a long-running case where trustees and grandchildren of the trust settlor had been ruled liable for tens of millions in underfunding, a Third Circuit U.S. Court of Appeals panel disagreed with the trial court’s key holding that the “coverage provision” of the Employee Retirement Act “is triggered on the facts of this case.”...

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