United States Supreme Court
Montanile v. Board of Trustees of Nat. Elevator Industry Health Benefit Plan, 14-723
In a suit under section 502(a)(3) of ERISA, brought by a health plan against a plan participant, involving a subogation clause which requires a participant to reimburse the plan for medical expenses if the participant later recovers money from a third party for his injuries, the Eleventh Circuit's holding that that even if defendant had completely dissipated the fund, the plan was entitled to reimbursement from defendant's general assets, is reversed where when an ERISA-plan participant wholly dissipates a third-party settlement on nontraceable items, the plan fiduciary may not bring suit under section 502(a)(3) to attach the participant's separate assets.
Appellate Information
- Published 2016/01/20
Judges
- THOMAS
Court
- United States Supreme Court