Donovan v. Bierwirth

How courts have described this case

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

• holding that trustees failed to fulfill fiduciary duty by failing to do a more thorough job in ascertaining the facts surrounding the financial condition of pension funds
• noting that ERISA imposes “overlapping standards,” which require plan fiduciaries to discharge their duties loyally by employing the diligence of an objectively prudent person
• remarking that ERISA’s fiduciary duties are “the highest known to the law”
• engaging independent expert and following his advice does not “operate as a complete whitewash which, without more, satisfies ERISA’s prudence requirement”
• observing that duties of prudence and loyalty require insider-fiduciaries “to avoid placing themselves in a position where their acts as officers or directors of the corporation will prevent their No. 20-3389 27 functioning with the complete loyalty to participants de- manded of them” under ERISA
• fiduciaries’ “decisions must be made with an eye single to the interests of the participants and beneficiaries”

Source: CourtListener parenthetical corpus (CC0).

Cited by

87 cases in this archive cite this case; the 20 most cited are listed.

• Massachusetts Mutual Life Insurance v. Russell
  Supreme Court· 1985-06-27· cited 1,937×
• register.com, Inc. v. Verio, Inc.
  Second Circuit· 2004-01-23· cited 391×
• Pension Benefit Guaranty Corp. Ex Rel. Saint Vincent Catholic Medical Centers Retirement Plan v. Morgan Stanley Investment Management Inc.
  Second Circuit· 2013-04-02· cited 389×
• Goldie Miller, as of the Estate of Sarah M. Potok v. United Welfare Fund
  Second Circuit· 1995-12-19· cited 332×
• Devlin v. Empire Blue Cross & Blue Shield
  Second Circuit· 2001-12-06· cited 150×
• Chevron Corp. v. Naranjo
  Second Circuit· 2012-01-26· cited 135×
• In Re Enron Corp. Securities, Derivative & ERISA
  S.D. Texas· 2003-10-16· cited 114×
• Howard v. Shay
  Ninth Circuit· 1996-11-22· cited 99×
• Zervos v. Verizon New York, Inc.
  Second Circuit· 2001-06-05· cited 99×
• In Re Citigroup ERISA Litigation
  Second Circuit· 2011-10-19· cited 86×
• Richard Tatum v. RJR Pension Investment Committee
  Fourth Circuit· 2014-08-04· cited 86×
• In Re WorldCom, Inc. Erisa Litigation
  S.D. New York· 2003-06-17· cited 84×
• William Lee v. Verizon Communications, Inc.
  Fifth Circuit· 2016-09-15· cited 75×
• Izzarelli v. Rexene Products Co.
  Fifth Circuit· 1994-06-23· cited 70×
• United States v. Bonanno Organized Crime Family of La Cosa Nostra
  E.D. New York· 1988-03-24· cited 62×
• Securities & Exchange Commission v. Capital Consultants, LLC
  Ninth Circuit· 2005-02-02· cited 58×
• Thomas Perez, Secretary v. Herbert Bruister
  Fifth Circuit· 2016-05-03· cited 53×
• Tibble v. Edison International
  Ninth Circuit· 2013-03-21· cited 50×
• ITPE Pension Fund v. Roger Hall
  Eleventh Circuit· 2003-06-19· cited 46×
• Carson Friend Collene Friend Brad Friend Trav Friend Carson Lighting, Inc. Carson Lighting, Defined Benefit Pension Plan v. Sanwa Bank California
  Ninth Circuit· 1994-09-13· cited 36×

Cites

25 cases in this archive are cited by this case; the 20 most cited are listed.

• Securities & Exchange Commission v. Chenery Corp.
  Supreme Court· 1943-02-01· cited 3,975×
• Donovan v. Bierwirth
  Second Circuit· 1982-05-10· cited 235×
• Orvis v. Higgins
  Second Circuit· 1950-02-02· cited 213×
• The State of New York v. The Nuclear Regulatory Commission
  Second Circuit· 1977-02-14· cited 193×
• Jack Kahn Music Co., Inc. v. Baldwin Piano & Organ Company
  Second Circuit· 1979-08-01· cited 187×
• Doe v. New York University
  Second Circuit· 1981-11-24· cited 159×
• Freund v. Marshall & Ilsley Bank
  W.D. Wisconsin· 1979-09-24· cited 141×
• Fed. Sec. L. Rep. P 93,503 Paul S. Dopp v. Franklin National Bank, and Butler Aviation International, Inc.
  Second Circuit· 1972-05-30· cited 100×
• Crouse-Hinds Company, Plaintiff-Counterclaim-Defendant-Appellant v. Internorth, Inc., and in Holdings, Inc., Defendants-Counterclaim-Plaintiffs
  Second Circuit· 1980-11-14· cited 100×
• Ring v. Spina
  Second Circuit· 1945-03-19· cited 100×
• Vidal Sassoon, Inc. v. Bristol-Myers Company
  Second Circuit· 1981-10-07· cited 99×
• Dino DeLaurentiis Cinemato-Grafica, S.P.A. v. D-150, Inc.
  Second Circuit· 1966-09-16· cited 96×
• Sandra J. Douglas, for Herself and as Representative of a Class v. Beneficial Finance Co. Of Anchorage
  Ninth Circuit· 1972-11-07· cited 69×
• Gilliam v. Edwards
  D. New Jersey· 1980-06-09· cited 63×
• Forts v. Ward
  Second Circuit· 1977-11-30· cited 63×
• Marshall v. Snyder
  Second Circuit· 1978-02-17· cited 58×
• Marshall v. Kelly
  W.D. Oklahoma· 1978-12-29· cited 53×
• Donovan v. Bierwirth
  E.D. New York· 1981-12-03· cited 50×
• Pan American World Airways, Inc. v. Aetna Casualty & Surety Co.
  Second Circuit· 1974-10-15· cited 39×
• Grumman Corporation v. The Ltv Corporation, Ckh Corporation, Jones & Laughlin Industries, Inc. And Vought Corporation
  Second Circuit· 1981-11-13· cited 36×