US Supreme Court Rules on Defined Benefit Plan Litigation in the Thole Case
“Courts sometimes make permanent law more complicated than necessary,” writes Associate Justice Brett M. Kavanaugh in the June 1, 2020 Supreme Court decision on Thole and. Alabama. v. US Bank NA and. Alabama. Plaintiffs in Poppet claimed the plan sponsor mismanaged the defined benefit plan when it lost $ 1.1 billion in 2008 during the time of the Great Recession. […]
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