BEZIO v. GENERAL ELEC. CO.

653132/2018.

66 Misc.3d 261 (2019)

114 N.Y.S.3d 595

2019 NY Slip Op 29334

ROBERT BEZIO et al., Plaintiffs, v. GENERAL ELECTRIC COMPANY et al., Defendants.

Supreme Court, New York County.

Decided November 6, 2019.


Attorney(s) appearing for the Case

Weil Gotshal & Manges, LLP, New York City ( Greg A. Danilow , Stephen A. Radin , Sean Moloney and Evert J. Christensen of counsel), for General Electric Company and others, defendants.

Gainey, McKenna & Egleston, New York City ( Thomas J. McKenna and Gregory M. Egleston of counsel), for plaintiffs.


OPINION OF THE COURT

The critical issue which dooms the plaintiffs' case is whether the beneficiaries of a trust established pursuant to the Employee Retirement Income Security Act of 1974 (29 USC § 1001 et seq.) (ERISA) must make a demand on the trustee or adequately...

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