Attorney(s) appearing for the Case
Alexander P. Smith, Norfolk, Va. (Smith & Owens, Norfolk, Va., on brief), for appellant.
Leonard D. Levine, Virginia Beach, Va. (Pender & Coward, Virginia Beach, Va., on brief), and Lawrence J. Kipka, Newport News, Va., for appellees.
Before WIDENER, SPROUSE and WILKINSON, Circuit Judges.
United States Court of Appeals, Fourth Circuit.
WILKINSON, Circuit Judge:
The question presented is the validity of assignments made by an employee of his interest in an ERISA profit sharing plan, when the purported assignments were executed after corporate termination of the plan but prior to actual distribution of the plan's assets. Because benefits under the plan were fully vested upon the plan's stated termination date in December 1981, the district court held that assignments executed in January and February...
NEVER MISS A DECISION. START YOUR SUBSCRIPTION.
Uncompromising quality. Enduring impact.
Your support ensures a bright future for independent legal reporting.
As you are aware we have offered this as a free subscription over the past years and we have now made it a paid service.Look forward to your continued patronage.