David A. Morlan v. Universal Guaranty Life Insurance Company
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Circuit Judge.
This appeal from the dismissal of a class action presents novel issues at the intersection of bankruptcy and class action law. A procedural chronology will help in framing them.
April 1999. David Morían files this class action suit as the representative of a class of insurance agents of the defendants, affiliated insurance companies that maintain employee welfare benefit plans. 29 U.S.C. § 1002(1). Morlan's suit charges that the defendants, in breach of the fiduciary duty that ERISA imposes on fiduciaries of pension and welfare plans, see 29 U.S.C. § 1109(a), improperly…
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