Jenner & Block

Client Alert: Federal Court Allows ERISA Fiduciaries To Seek Contributions from Other Fiduciaries, Creating More Uncertainty in ERISA Litigation

In this Client Alert, Jenner & Block Partner Douglas A. Sondgeroth and Associate Michael W. Ross examine the implications of Guididas v. Community National Bank Corp. and the growing split among federal courts over whether plan fiduciaries have a right under ERISA to seek contribution or indemnification from co-fiduciaries.  This question and the power of courts to develop federal common law under ERISA present significant implications for many strategic and tactical litigation decisions in ERISA cases.