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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
**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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