Legal Opinion
Siskind v. Sperry Retirement Program, Unisys
Court of Appeals for the Second Circuit
Decided February 6, 1995No. 336, Docket 94-7120PublishedCited by 30 opinions
1Opinion of the Court
CARDAMONE, Circuit Judge:
This appeal compels us to revisit an area of ERISA law that involves the fiduciary duties of trustees administering a single employer pension plan. When such trustees hold corporate offices it may appear that they are placed in a position of divided loyalty: they are obliged to act, on the one hand, for the plan’s members, so as to secure and make certain that benefits will be available to them and, on the other hand, for the employer, so as to safeguard the business entity’s profits. Concededly, trustees have a duty of loyalty to beneficiaries that prohibits them —…
2Cases cited22 opinions
- Firestone Tire & Rubber Co. v. BruchSupreme Court of the United States · 1989
- The Coca-Cola Company v. Tropicana Products, Inc.Court of Appeals for the Second Circuit · 1982
- Hozier v. Midwest Fasteners, Inc.Court of Appeals for the Third Circuit · 1990
- Robert L. Musto v. American General CorporationCourt of Appeals for the Sixth Circuit · 1988
- Michael McCarthy Arthur Waskow v. Richard G. KleindienstCourt of Appeals for the D.C. Circuit · 1984
17 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- LOCKHEED CORP. Et Al. v. SPINKSupreme Court of the United States · 1996
- Devlin v. Empire Blue Cross & Blue ShieldCourt of Appeals for the Second Circuit · 2001
- Janese v. FayCourt of Appeals for the Second Circuit · 2012
- Francis J. Devlin v. Empire Blue Cross And Blue ShieldCourt of Appeals for the Second Circuit · 2002
- Walling v. BradyCourt of Appeals for the Third Circuit · 1997
25 more not listed; retrieve them via the Exa API.