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Fifth Circuit: Grocer Violated ERISA Using Unvested Voucher Benefit (PDF)
U.S. Court of Appeals for the Fifth Circuit via FindLaw 
[Opinion] June 16, 2003 27 pages. Musmeci v. Schwegmann Giant Supermarkets, Inc., No. 02-30246 (5th Cir. Jun. 11, 2003). Excerpt: [SCSM, the grocery store chain partnership,] did not set up a trust to fund the Voucher Plan. Rather, the Voucher Plan was funded out of the partnership"s general revenue.... [I]n 1997, it sold the business. A week before the sale, Mr. Schwegmann sent a letter to all voucher recipients informing them that they would no longer receive vouchers because of the sale of the business. MORE >> |
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