2nd Circuit Won’t Allow Immediate Appeal Of Class Cert In ERISA Funds Challenge

Mealey's (July 6, 2022, 11:10 AM EDT) -- NEW YORK — Quoting Sumitomo Copper Litig. v. Credit Lyonnais Rouse Ltd., a Second Circuit U.S. Court of Appeals panel on June 29 refused to allow leave to appeal a grant of class certification, saying that “immediate appeal is not warranted in light of Petitioners’ failure to demonstrate that the issue will ‘escape effective review’ absent an interlocutory appeal” in the Employee Retirement Income Security Act case....