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Court Rules Against PBGC Argument in Appeal
Pensions & Investments
Aug. 20, 2007 Excerpt: Wilmington Shipping Co. can sue New England Life Insurance Co. under ERISA for breach of fiduciary duty in allegedly mismanaging investments that eventually led to its insolvency and termination, according to an Aug. 3 ruling by the U.S. Court of Appeals for the 4th Circuit in Raleigh. MORE >> |
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