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Varity Corp. Vs. Howe
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- US Supreme Court
- Mar 19, 1996
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U.S. 489 (1996) October Term, 1995 Syllabus Varity Corp. V. HoweSearch
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equitable relief for breach of fiduciary obligations. This Court's decision in Massachusetts Mut. Life Ins. Co. v. RussellSearch
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a representative capacity, seeking to compel a dishonest fiduciary to return embezzled funds to the plan). See McLeod v. OregonSearch
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Simmons v. SouthernSearch
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of Appeals, such as the Eighth Circuit in this case, have not read any such limitation into the statute. See Bixler v. CentralSearch
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Anweiler v. AmericanSearch
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most benefit plans before ERISA's enactment. See Central States, Southeast & Southwest Areas Pension Fund v. CentralSearch
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Firestone Tire & Rubber Co. v. BruchSearch
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U. S. 101 , 110-111 (1989) (quoting Pilot Life Ins. Co. v. DedeauxSearch
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with Curtiss- Wright Corp. v. SchoonejongenSearch
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U. S. 73 , 78-81 (1995), and Mertens v. HewittSearch
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employer is, in some circumstances, the default plan administrator) with NLRB v. AmaxSearch
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a legal meaning to which, we normally presume, Congress meant to refer. See, e. g., Nationwide Mut. Ins. Co. v. DardenSearch
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Peoria Union Stock Yards Co. v. PennSearch
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In Massachusetts Mut. Life Ins. Co. v. RussellSearch
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general provision when doing so would undermine limitations created by a more specific provision. See, e. g., Morales v. TransSearch
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HCSC-Laundry v. UnitedSearch
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Fourco Glass Co. v. TransmirraSearch
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Moore v. ReynoldsSearch
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Birmingham v. SogenSwissSearch
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THOMAS, with whom JUSTICE O'CONNOR and JUSTICE SCALIA join, dissenting. In Massachusetts Mut. Life Ins. Co. v. RussellSearch
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Mertens v. HewittSearch
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Associates, 508 U. S. 248 , 251 (1993) (quoting Nachman Corp. v. PensionSearch
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M 0 rales v. TransSearch
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a comprehensive scheme and has deliberately targeted specific problems with specific solutions. See HCSC-Laundry v. UnitedSearch
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between them. Connecticut Nat. Bank v. GermainSearch
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U. S. 249 , 253 (1992) (quoting Wood v. UnitedSearch
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Russell, supra, at 146 (quoting Nachman Corp. v. PensionSearch
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Benefit Guaranty Corporation, 446 U. S., at 361). See also Mackey v. LanierSearch
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Estate of Cowart v. NicklosSearch
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Congress form a hazardous basis for inferring the intent of an earlier one.''' Firestone Tire & Rubber Co. v. BruchSearch
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U. S. 101 , 114 (1989) (quoting United States v. PriceSearch
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U. S. 304 , 313 (1960)). See also Mackey v. LanierSearch
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disclosure of specified information, and avoidance of conflicts of interest. See Massachusetts Mut. Life Ins. Co. v. RussellSearch
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iduciary status under ERISA generally attends the management of 'plan assets.''' John Hancock Mut. Life Ins. Co. v. HarrisSearch
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fiduciary status can be predicated to some extent on interactions with individual plan participants. 6 See NLRB v. AmaxSearch
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recognized that Congress borrowed from the common law of trusts in enacting ERISA, Firestone Tire & Rubber Co. v. BruchSearch
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Ernst & Ernst v. HochfelderSearch
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see Central Bank of Denver, N. A. v. FirstSearch
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Adams v. AvondaleSearch
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s fiduciary obligations because they do not involve discretionary administration of the plan. See CurtissWright Corp. v. SchoonejongenSearch
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Borst v. ChevronSearch
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at 502. Relying on trust treatises and our decision in Central States, Southeast & Southwest Areas Pension Fund v. CentralSearch
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is a fiduciary. 14 The majority's reliance on Central States, Southeast & Southwest Areas Pension Fund v. CentralSearch
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Syllabus Varity Corp. V. HoweSearch
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Massachusetts Mut. Life Ins. Co. v. RussellSearch
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