Legal Opinion
Bird v. Shearson Lehman/American Express, Inc.
Court of Appeals for the Second Circuit
Decided March 28, 1989No. 498, Docket 88-7704PublishedCited by 19 opinions
1Opinion of the Court
IRVING R. KAUFMAN, Circuit Judge:
We are asked to determine whether a statutory claim created by the Employee Retirement Income Security Act (ERISA) is subject to compulsory arbitration. Because Congress envisioned a judicial forum, particularly a federal court, as the central arena for implementing ERISA’s underlying purpose — providing maximum protection to pension plan participants and beneficiaries — we hold that statutory ERISA claims are not compulsorily arbitrable.
Briefly, the background of this case is as follows. Appellants, Shearson Lehman/American Express (“Shearson”)1 and Raymond…
2Cases cited20 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- Alexander v. Gardner-Denver Co.Supreme Court of the United States · 1974
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
15 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Fed. Sec. L. Rep. P 95,610 Joe Goldberg v. Bear, Stearns & Co., Inc., and Michael S. GorinskyCourt of Appeals for the Eleventh Circuit · 1990
- Bird v. Shearson Lehman/American Express, Inc.Court of Appeals for the Second Circuit · 1991
- De Pace v. Matsushita Electric Corp. of AmericaDistrict Court, E.D. New York · 2003
- Spellman v. Securities, Annuities & Insurance Services, Inc.California Court of Appeal · 1992
- Lawford v. New York Life InsuranceDistrict Court, S.D. New York · 1990
14 more not listed; retrieve them via the Exa API.