High Court Won't Review ERISA Time Limit Fight
Law360 (June 25, 2018, 5:39 PM EDT) -- The U.S. Supreme Court on Monday declined to hear a challenge to an Eleventh Circuit ruling saying a limitations period for bringing breach of fiduciary duty claims under the Employee Retirement Income Security Act can be waived, handing the U.S. Department of Labor a victory.
The Eleventh Circuit's ruling came in response to a certified question from a Georgia federal court over whether the six-year limitation of actions provision contained in Section 1113 of the law is subject to express waiver.
That issue arose out of an ERISA lawsuit the Department of Labor filed against TPP Holdings Inc., its former owner...
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