Trustees of the Automobile Mechanics Local No. 701 Pension & Welfare Funds v. Union Bank of California, N.A.
Case Details
- Judge(s)
- Milton I. Shadur
- Status
- Published
- Procedural Posture
- motion to dismiss
- State
- Illinois
- Circuit
- 7th Circuit
Related Laws
No specific laws identified for this ruling.
Claim Types
Outcome
The court denied the plaintiff trustees' motion to dismiss the defendant bank's anticipated third-party complaint against individual trustees for contribution based on alleged breach of fiduciary duties under ERISA, finding that special circumstances involving conflicts of interest warrant allowing the contribution claim despite circuit split on the issue.
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