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Coverage by Bryan K. Randolph · BrynoDC
Montanile v. Board of Trustees of National Elevator Industry Health Benefit Plan
No. 14-723 SCOTUS · Decided SCOTUS
The Law · How the Case Works
Overview
Overview
Continued narrowing equitable relief under ERISA, holding that when a participant wholly dissipates settlement funds on nontraceable items, the plan cannot pursue an equitable lien because the specific res no longer exists.
The Conclusion
Conclusion
The Supreme Court held that ERISA plans cannot pursue equitable liens when settlement funds are wholly dissipated on nontraceable items. Because the res no longer exists, equitable relief is unavailable.
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