AMALGAMATED CLOTHING & TEXTILE WORKERS v. MURDOCK

No. 87-5654.

861 F.2d 1406 (1988)

AMALGAMATED CLOTHING & TEXTILE WORKERS UNION, AFL-CIO; Samuel Faulkner; Ruby Craver; Catherine Wilhoit; Melvin L. Smith; Willie James Ratliff; Flora M. Caldwell, Plaintiffs-Appellants, v. David H. MURDOCK; Harold M. Messmer, Jr.; Timothy F. Finley; Branson C. Jones; William S. Fisher; Harold D. Kingsmore; John H. Ketner, Jr.; Fieldcrest Cannon, Inc.; Cannon Holding Corp.; Continental Illinois National Bank & Trust Company of Chicago, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided November 22, 1988.


Attorney(s) appearing for the Case

Stuart Libicki, Schwartz, Steinsapir, Dohrmann & Sommers, Los Angeles, Cal., for plaintiffs-appellants.

Henry C. Thumann, O'Melveny & Myers, Los Angeles, Cal., for defendants-appellees David H. Murdock and Cannon Holding Co.

Gregory P. Stone, Munger, Tolles & Olson, Los Angeles, Cal., for defendants-appellees Timothy F. Finley, Branson C. Jones, William S. Fisher, Harold D. Kingsmore and John H. Ketner, Jr.

Denise M. Parga, Mayer, Brown & Platt, Los Angeles, Cal., for defendant-appellee Continental Illinois Nat. Bank and Trust Co. of Chicago.

Patricia A. Timko, Latham & Watkins, Los Angeles, Cal., for defendant-appellee Fieldcrest Cannon, Inc.

Nancy J. Skovholt, Robert B. Flaig, Nancy J. Skovholt, Thelen, Marrin, Johnson & Bridges, Los Angeles, Cal., for defendant-appellee Harold M. Messmer, Jr.

Before PREGERSON, CANBY and WIGGINS, Circuit Judges.


PREGERSON, Circuit Judge:

This is an action for breach of fiduciary duty under the Employee Retirement Income Security Act of 1974, 29 U.S.C. §§ 1001-1381 (1982) (ERISA). Plaintiffs contend that the district court erred in ruling that ERISA provides no remedy for breach of the fiduciary duty of loyalty after ERISA plan participants and beneficiaries have received their actuarially vested plan benefits. We hold...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases