Legal Opinion
BP Corp. North America Inc. v. Northern Trust Investments, N.A.
District Court, N.D. Illinois
Decided February 10, 2010No. Civil Action 08-cv-6029PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
WILLIAM J. HIBBLER, District Judge.
Two investment Committees (the Committees), acting in their capacity as fiduciaries for several pension plans for present and former employees of BP Corporation North America, Inc. (the Plans), sued Northern Trust Investments (NTI) and the Northern Trust Company (NTC) alleging numerous ERISA, 29 U.S.C. § 1001 et seq., violations related to NTI and NTC’s securities lending program. NTI and NTC have filed a counterclaim against the Committees for contribution and indemnification. The Committees move to dismiss, arguing that ERISA…
2Cases cited14 opinions
- Rodriguez De Quijas v. Shearson/American Express, Inc.Supreme Court of the United States · 1989
- Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
- Great-West Life & Annuity Insurance v. KnudsonSupreme Court of the United States · 2002
- Eberhart v. United StatesSupreme Court of the United States · 2005
- Frank Lumpkin v. Envirodyne Industries, Inc.Court of Appeals for the Seventh Circuit · 1991
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3Cited by3 opinions
- Carol Chesemore v. David FenkellCourt of Appeals for the Seventh Circuit · 2016
- Prudential Retirement Insurance v. State Street Bank & Trust Co.District Court, S.D. New York · 2011
- Perez v. PBI Bank, Inc.District Court, N.D. Indiana · 2014