United States Sixth Circuit
BENEFITS COMM. OF SAINT-GOBAIN CORP. v. KEY TRUST CO. OF OHIO, 01-3255
Authorizing repayment by a company employee stock ownership plan, of a loan from the company's successor corporation, would not cause the plan trustee to violate its fiduciary obligations under ERISA to the participants of the plan.
Appellate Information
- Decided 12/16/2002
- Published 12/16/2002
Judges
- Before: SILER, COLE, and CLAY, Circuit Judges.
Court
- United States Sixth Circuit
Counsel
- For Appellant:
- Kay Kyungsun Yu (briefed), Michael L. Banks (argued and briefed), Brian J. Dougherty (briefed), Morgan, Lewis & Bockius LLP, Philadelphia, PA, for Plaintiffs-Appellants., Peter B. Dolan (argued and briefed), U.S. Department of Labor, Office of the Solicitor, Washington, DC, for Amicus Curiae.
- For Appellees:
- Jeffrey S. Leavitt (briefed), Patricia Eschbach-Hall (briefed), Jones, Day, Reavis & Pogue, Cleveland, OH, John W. Edwards, II (argued and briefed), Jones, Day, Reavis & Pogue, Menlo Park, CA, for Defendant-Appellee.