Systems Council Em-3, International Brotherhood of Electrical Workers, Afl-Cio v. At&t Corporation

How courts have described this case

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

• holding that decision to spin off division of company was not a fiduciary act
• holding employer's allocation of a restructured plan's excess was not a fiduciary decision
• finding not ripe for review contract claim arising from defendant’s assignment of welfare plan obligations where defendant “has not repudiated anything” and no allegation that assignee “has been unwilling or unable to provide the benefits it is obligated to provide”
• “[I]f a performing party unequivocally signifies its intent to breach a contract, the other party may seek damages immediately under the doctrine of anticipatory repudiation”
• administrators of plan not acting as fiduciaries while helping reorganize corporate structure by spinning off operations into separate businesses
• “[I]f a performing party unequivocally signifies its intent to breach a contract, the other party may seek damages immediately under the doctrine of anticipatory repudiation”

Source: CourtListener parenthetical corpus (CC0).