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Employee Retirement Income Security Act (ERISA) › Fiduciary Duty › Equitable Indemnity

Proskauer - Employee Benefits & Executive...

Breaching Fiduciary Cannot Seek Equitable Indemnity from Another Fiduciary

Proskauer - Employee Benefits & Executive... on

A California federal district court dismissed a plan fiduciary’s equitable indemnity claim because such claims are not available to a breaching fiduciary under ERISA. Plaintiff William Brown commenced a putative class action...more

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