High Court Will Not Review 9th Circuit’s Plan Assets Ruling

Mealey's (March 21, 2016, 2:02 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on March 21 denied a request to consider whether parties can agree to classify an employer’s unpaid contributions to an employee benefit plan as plan assets under the Employee Retirement Income Security Act (The Board of Trustees of the Carpenters Health and Welfare Trust Fund for California, et al. v. Gregory Bos, No. 15-755, U.S. Sup.).

The Ninth Circuit U.S. Court of Appeals on July 30 declined to recognize an exception to the general rule that funds owed to...
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