2nd Circuit Vacates Judgment In ERISA Fiduciary Ruling On Multiemployer Plans

Mealey's (December 2, 2021, 12:50 PM EST) -- NEW YORK — Trustees do not act in a fiduciary capacity under the Employee Retirement Income Security Act “when they pass amendments to a multiemployer benefit plan,” the Second Circuit Court of Appeals ruled Nov. 30, vacating a New York federal court’s grant of summary judgment and remanding the case....