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ING's Penalty for ERISA Claims Procedure Violations Partly Tossed by Ninth Circuit
Bloomberg BNA
July 26, 2016
"[T]he Ninth Circuit held that a benefit plan governed by [ERISA] can't be liable for statutory penalties for failing to follow appropriate claims procedures, because those penalties can be assessed only against plan administrators and not plans themselves. This clarified prior precedent and adopted the views of seven other federal appellate courts. The decision turned on the fact that ERISA plans and the administrators of those plans are distinct legal entities under the statute." [Lee v. ING Groep, N.V., No. 14-15848 (9th Cir. July 25, 2016]
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