No specific laws identified for this ruling.
The court granted the law firm's motion for summary judgment, finding that the ERISA fiduciary's claim for equitable relief (constructive trust and equitable lien) against the law firm for allegedly failing to honor a subrogation lien on settlement proceeds falls outside the scope of § 502(a)(3)(B) of ERISA because the settlement funds had been dissipated and were no longer traceable.
This summary was generated to explain the ruling in plain English and is not legal advice.
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