CA5 - ERISA Standing
Milofsky v. American Airlines (per curiam)
The Fifth Circuit sitting en banc vacates its prior, controversial ERISA opinion in this case. The issue is whether a subset of ERISA beneficiaries have standing ot recover damages for a breach of fiduciary duty that only affected a subset of plan members. The court vacates without taking a position on the issue. Good luck with that one, district court!
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