Baxter Pockets Partial Costs In ERISA Win

Law360, New York (March 16, 2011, 7:38 PM EDT) -- A federal judge in Illinois tagged the plaintiff in a defeated Employee Retirement Income Security Act class action against Baxter International Inc. with $60,000 in defense costs Wednesday, although the award is a fraction of the requested sum.

Judge Joan B. Gottschall of the U.S. District Court for the Northern District of Illinois mulled the fee-shifting provisions of ERISA and Rule 54, which awards costs to the prevailing party, concluding that Baxter, former CEO Harry M. Jansen Kraemer Jr. and former CFO Brian Anderson are entitled...
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