suggesting that ERISA does not require excess assets to follow spun-off employees because there is no requirement under ERISA that those employees must receive the benefit of excess assets
How later courts described this case
- suggesting that ERISA does not require excess assets to follow spun-off employees because there is no requirement under ERISA that those employees must receive the benefit of excess assets
- excess assets need not follow spunoff employees because “no requirement [under ERISA] that employees receive the benefit of excess assets”
Written by the judges who cited it.
The opinion
C. A. 2d Cir. Certiorari denied.
Justice Marshall would grant certiorari.