Charles W. Leigh and Ervin F. Dusek, Etc., and George Johnson, Intervening v. Clyde William Engle

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that appointing fiduciaries who were aware of the plan trustees’ conflicting loyalties in certain transactions were obliged to take extra measures to monitor the trustees’ actions
• holding defendants engaged in self-dealing by using plan assets in corporate control contest in which they had an independent interest
• trustee who improperly risks plan assets breaches his fiduciary duty
• trust fiduciaries were obligated to monitor administrators’ management of specific trust
• trustee who improperly risks plan assets breaches his fiduciary duty
• “We read [§ 406(a)(1)(D)] dealing with the use of plan assets for the benefit of ‘parties in interest’ . . . as a gloss on the duty of loyalty required by section 404. . . . The broad provisions of section 406(a)(1)(D

Source: CourtListener parenthetical corpus (CC0).