Legal Opinion

DeBruyne v. Equitable Life Assurance Society of the United States

Court of Appeals for the Seventh Circuit

Decided December 14, 1990No. 89-3600PublishedCited by 52 opinions

1Opinion of the Court

HARLINGTON WOOD, Jr., Circuit Judge.

Plaintiffs, two participants in a retirement benefits program, sought to hold their investment manager liable for losses incurred in the stock market crash of October 19, 1987. The district court granted defendants’ motion for summary judgment on all counts of the complaint, and we affirm.

I

A. Background

Plaintiffs DeBruyne and Carlyle were participants in the ABA Members Retirement Plan (“Plan”), a retirement benefits program sponsored by the American Bar Retirement Association (“ABRA”). The Plan is funded through a group annuity contract issued by Equitable…

2Cases cited48 opinions

  1. Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
  2. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  3. Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
  4. Pilot Life Insurance v. DedeauxSupreme Court of the United States · 1987
  5. Metropolitan Life Insurance v. MassachusettsSupreme Court of the United States · 1985

43 more not listed; retrieve them via the Exa API.

3Cited by52 opinions

  1. Woodworker's Supply, Inc. v. Principal Mutual Life InsuranceCourt of Appeals for the Tenth Circuit · 1999
  2. Pension Benefit Guaranty Corp. Ex Rel. Saint Vincent Catholic Medical Centers Retirement Plan v. Morgan Stanley Investment Management Inc.Court of Appeals for the Second Circuit · 2013
  3. Sterlin v. Biomune SystemsCourt of Appeals for the Tenth Circuit · 1998
  4. In Re Citigroup ERISA LitigationCourt of Appeals for the Second Circuit · 2011
  5. Laura Divane v. Northwestern UniversityCourt of Appeals for the Seventh Circuit · 2020

47 more not listed; retrieve them via the Exa API.

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