Honda Plan Wrong To Deny Disability Benefits: 9th Circ.

Law360, New York (March 9, 2011, 3:23 PM EST) -- The Ninth Circuit on Monday reversed a lower court's ruling that an American Honda Motor Co. Inc. disability plan administrator acted within its discretion when it denied a Honda employee disability benefits for his chronic fatigue syndrome.

In a 2-1 opinion, the U.S. Court of Appeals for the Ninth Circuit said that, although balancing the disability plan's discretionary authority against its inherent conflict of interest and incentive to deny the disability claim was difficult, the disability plan had abused its discretion by failing to meaningfully communicate...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.