Legal Opinion
Martin v. Feilen
Court of Appeals for the Eighth Circuit
Decided June 3, 1992No. Nos. 91-1086, 91-1295PublishedCited by 172 opinions
1Opinion of the Court
LOKEN, Circuit Judge.
In this case the Secretary of Labor urges us to conclude that controlling stockholders *663and directors of Feilen Meat Company (“FMC”), and the company’s accountants, breached their fiduciary duties under ERISA1 when they engaged in complex financial transactions that destroyed the company, thereby wiping out the employees’ stock ownership plan. The Secretary appeals the district court’s judgment that defendants committed many breaches of fiduciary duty but did not cause money damage to the plan. We construe defendants’ fiduciary duties more narrowly than did the district…
2Cases cited36 opinions
- Story Parchment Co. v. Paterson Parchment Paper Co.Supreme Court of the United States · 1931
- Charles W. Leigh and Ervin F. Dusek, Etc., and George Johnson, Intervening v. Clyde William EngleCourt of Appeals for the Seventh Circuit · 1984
- The Sommers Drug Stores Co. Employee Profit Sharing Trust, Cross-Appellant v. Corrigan Enterprises, Inc. And Walter N. Corrigan, Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1986
- Donovan v. CunninghamCourt of Appeals for the Fifth Circuit · 1983
- Donovan v. BierwirthCourt of Appeals for the Second Circuit · 1982
31 more not listed; retrieve them via the Exa API.
3Cited by172 opinions
- Johnson v. CouturierCourt of Appeals for the Ninth Circuit · 2009
- Sacerdote v. New York UniversityCourt of Appeals for the Second Circuit · 2021
- Chao v. Hall Holding Company, Inc.Court of Appeals for the Sixth Circuit · 2002
- Moench v. RobertsonCourt of Appeals for the Third Circuit · 1995
- Grindstaff v. GreenCourt of Appeals for the Sixth Circuit · 1998
167 more not listed; retrieve them via the Exa API.