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Harris Trust & Sav. Bank v. Salomon Smith Barney Inc.

Docket No.: 99-579
Argued: April 17, 2000
Decided: June 12, 2000

Topics:

Employee Retirement Income Security, Economic Activity, Employee Retirement Income Security Act, ERISA, equitable relief, pension plan

Petitioner: Harris Trust & Sav. Bank
Respondent: Salomon Smith Barney Inc.

Court Below: THE UNITED STATES COURT OF APPEALS FOR THE SEVENTH CIRCUIT
Citation: 184 F.3d 646
Lower Court Decision
Supreme Court Docket


530 U.S. 238 (2000)
Question:

Does section 502(a)(3) of the Employee Retirement Income Security Act of 1974, which authorizes a "participant, beneficiary, or fiduciary" of a plan to bring a civil action to obtain "appropriate equitable relief" to redress violations of ERISA, extend to a suit against a nonfiduciary "party in interest" to a transaction barred by section 406(a)?

Harris Trust & Sav. Bank v. Salomon Smith Barney Inc.
ORAL ARGUMENT

April 17, 2000

Holding: reversed and remanded
Decision: Decision: 9 votes for Harris Trust & Sav. Bank, 0 vote(s) against
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