[DOWNLOAD] "Reich v. Compton" by Third Circuit U.S. Court Of Appeals * Book PDF Kindle ePub Free

April 16, 2021

eBook details

Title: Reich v. Compton
Author : Third Circuit U.S. Court Of Appeals
Release Date : January 05, 1995
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 76 KB

Description

This is an appeal from an order granting summary judgment in favor of the defendants in an action brought by the Secretary of Labor ("the Secretary") to redress alleged violations of the Employee Retirement Income Security Act of 1974 ("ERISA"), 29 U.S.C. Â§Â§ 1001-1461. The action was based on certain financial transactions involving the International Brotherhood of Electrical Workers Union No. 98 Pension Plan ("the Plan") and the Electrical Mechanics Association ("EMA"), a not-for-profit corporation closely related to Local 98 of the International Brotherhood of Electrical Workers ("Local 98" or "the union"), whose members are covered by Plan. Maintaining that these transactions were prohibited because of EMAs close relationship with Local 98, the Secretary sued the Plan trustees, Local 98, and EMA. The district court granted summary judgment for the defendants, but we now reverse in part, affirm in part, and remand for further proceedings.