November 06, 2019

Kim Jones Provides Commentary on Supreme Court ERISA Case

Following the first day of Supreme Court hearings in the case Retirement Plans Committee of IBM v. Jander, Pensions & Investments turned to Chicago partner Kim Jones for takeaways from the hearings.

The industry publication reported on defense’s argument that employee stock ownership plan fiduciaries, including corporate insiders, do not have an obligation to use information gained in a corporate capacity in a fiduciary capacity.

Justices Stephen Breyer and Ruth Bader Ginsburg voiced apprehension about getting involved in a discussion on the relationship between ERISA and federal securities laws.

"There is this tension between securities laws and ERISA fiduciary duties," said Jones.

全文
The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.