US Supreme Court to Consider ERISA’s Tracing Requirements

Proskauer - Employee Benefits & Executive Compensation Blog
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On March 30, the U.S. Supreme Court announced it would review Bd. of Trustees of Nat. Elevator Indus. Health Ben. Plan v. Montanile, 593 F. App’x 903 (11th Cir. 2014). As discussed here, at issue in the case is whether an ERISA fiduciary of a health benefit plan, who alleges that a beneficiary was overpaid benefits, can enforce an equitable lien under ERISA § 502(a)(3) without identifying that the particular fund is within possession and control of the beneficiary.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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