Faber v. Metropolitan Life Insurance

How courts have described this case

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

• concluding the use of a retained asset account did not violate ERISA when the insurance policy provided for it
• emphasizing that the plan at issue provided for the insurance company to pay the benefits using a retained asset account
• emphasizing that the plan at issue provided for the insurance company to pay the benefits using a retained asset account
• holding the insurance company discharged its fiduciary duty when it established the retained asset account in accordance with the insurance policy
• noting that a court is not “bound to accept conclusory allegations or legal conclusions masquerading as factual conclusions” (quotation marks omitted)
• noting that the Court is not bound to accept legal conclusions masquerading as factual allegations

Source: CourtListener parenthetical corpus (CC0).