Daniels v. National Employee Benefit Services, Inc.

How courts have described this case

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

• addressing whether the exemption set forth in § 1108(b)(2) applies in the § 1106(b) context and relying on 29 C.F.R. § 2550.408b-2(e)(1)
• “ § 1108 does not apply to § 1106(b), because fiduciaries are pro hibited from receiving consideration— whether reasonable or not — from a third party for transactions involving the plan to which they owe their fiduciary obligations”

Source: CourtListener parenthetical corpus (CC0).