Retirement Plan Participants Assert Plausible Claim to Enforce Extra-ERISA Contractual Obligations in a Merger Agreement: Fifth Circuit | Practical Law
In Hunter v. Berkshire Hathaway, Inc., the US Court of Appeals for the Fifth Circuit held that retirement plan participants pleaded sufficient facts to assert a plausible claim when they sought to enforce extra-ERISA contractual obligations in a merger agreement between their employer and its parent company.