In ERISA Row, UPenn Rehearing Request Denied By 3rd Circuit

Mealey's (July 24, 2019, 9:53 AM EDT) -- PHILADELPHIA — A divided May 2019 decision by the Third Circuit U.S. Court of Appeals that reinstated allegations that the University of Pennsylvania administered an employee pension benefit plan imprudently will stand, in view of a July 19 denial by the court of a request for rehearing (Jennifer Sweda, et al. v. University of Pennsylvania, et al., No. 17-3244, 3rd Cir.)....