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Brink v. Dalesio

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eBook details

  • Title: Brink v. Dalesio
  • Author : Fourth Circuit United States Court Of Appeals
  • Release Date : January 05, 1981
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 60 KB

Description

Plaintiffs, two members of Teamsters Local 311, sued (a) Leo DaLesio, the principal officer of both Local 311 and Teamsters Joint Council 62, (b) Alfred M. Bell, the administrator and insurance consultant for the Local 311 employee benefit trust funds, and (c) two of Bell's wholly-owned corporations, Alfred Bell, Inc. and Fund Administration, Inc. The object of the suit was to redress violations of fiduciary duties imposed on union officers and fiduciaries of employee benefit plans under § 501 of the Labor Management Reporting and Disclosure Act of 1959, 29 U.S.C. § 501 (LMRDA), the Fiduciary Responsibility provisions of the Employment Retirement Income Security Act of 1974, 29 U.S.C. §Â§ 1101 et seq. (ERISA), § 302(c)(5) of the Labor Management Relations Act, as amended, 29 U.S.C. § 186(c)(5), and the common law. After a trial consuming several weeks, the district court found that defendants had violated the fiduciary standards imposed on union officers and employee trust fund fiduciaries in many respects; but it held that plaintiffs lacked standing to remedy fiduciary violations on behalf of two of the employee benefit funds, and it denied plaintiffs the full monetary relief that they sought. It also declined to permit postjudgment intervention by two of the employee benefit funds after it held that plaintiffs could not represent their interests.


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