green
Positive treatment
Quoted verbatim 4×
8.3 score
G Cite
cited 2× by 2 distinct cases, last quoted 1995 ·
…the focus of the inquiry is how the fiduciary acted in his selection of the investment, and not whether his investments succeeded or failed.
⚠ not in text
Treatment trajectory · 1984 → 2026 · click a year to view as-of
1984
2005
2026
Top citers, strongest first. 35 distinct citers.
How cited ↗
discussed
Cited as authority (quoted)
In Re Dynegy, Inc. ERISA Litigation
this is not a search for subjective good faith-a pure heart and an empty head are not enough
discussed
Cited as authority (quoted)
19 Employee Benefits Cas. 2297, Pens. Plan Guide P 23916e Warren A. Maher v. Strachan Shipping Company, United States of America, Intervenor
the focus of the inquiry is how the fiduciary acted in his selection of the investment, and not whether his investments succeeded or failed.
discussed
Cited as authority (quoted)
Riley v. Murdock
erisa fiduciaries need not become experts ... they are entitled to rely on the expertise of others.
discussed
Cited as authority (quoted)
Warren A. MAHER, et al v. STRACHAN SHIPPING COMPANY, et al
the focus of the inquiry is how the fiduciary acted in his selection of the investment, and not whether his investments succeeded or failed.
cited
Cited "see"
Clearmeadow Investments, LLC v. United States
See Moller v. United States, 721 F.2d 810, 813 (Fed.Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3534 , 82 L.Ed.2d 839 (1984).
cited
Cited "see"
Emerson Electric Supply Co. v. Estes Express Lines Corp.
See Shippers Nat’l Freight Claim Council v. Interstate Commerce Commission, 712 F.2d 740 , 742 (2nd Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3534 , 82 L.Ed.2d 839 (1984).
discussed
Cited "see"
United States v. Lang
See United States v. Cockrell, 720 F.2d 1423, 1427 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3534 , 82 L.Ed.2d 839 (1984); see also United States v. Jones, 614 F.2d 80, 82 (5th Cir.), cert. denied, 446 U.S. 945 , 100 S.Ct. 2174 , 64 L.Ed.2d 801 (1980).
discussed
Cited "see"
Bussian v. RJR Nabisco, Inc.
See Donovan v. Cunningham, 716 F.2d 1455, 1474 (5th Cir.1983) (noting that while experts must be used properly and that using one is not a “magic wand,” “ERISA fiduciaries need not become experts ... — they áre entitled to rely on the expertise of others.”), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984); Riley, 890 F.Supp. at 458 (noting that expert assistance is part of examination of appropriateness of investigation).
cited
Cited "see"
Johnnie Ray Mahon, Aka: Johnnie R. Mahon Aka: Johnny Ray Mahon v. County of Los Angeles, Terry Wilson Burdette Harris
See Bonilla v. Oakland Scavenger Co., 697 F.2d 1297, 1301 (9th Cir.1982), cert. denied, 467 U.S. 1251 (1984).
discussed
Cited "see"
20 Employee Benefits Cas. 2493, Pens. Plan Guide P 23923t Janice Fay Faircloth Evelyn D. Frederick Callweall W. Smiling v. Lundy Packing Company Annabelle L. Fetterman, Trustee Lundy Packing Company Stock Ownership Plan Mabel F. Held, Trustee Lundy Packing Company Stock Ownership Plan, and John Does, American Association of Retired Persons National Employment Lawyers Association, Amici Curiae
See Donovan v. Cunningham, 716 F.2d 1455 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984). 3 75 Because of high risk to employees, great benefits to employers, and built-in conflict between the two, employees must be given maximum ability to protect their substantial investment, both financial and personal, in their ESOP.
discussed
Cited "see"
Faircloth v. Lundy Packing Co.
(2×)
See Donovan v. Cunningham, 716 F.2d 1455 (5th Cir. 1983), cert. denied, 467 U.S. 1251 (1984).3 _________________________________________________________________ 2 Strangely, in the same year Lundy's net earnings were nearly $2 mil- lion. 3 I do not mean to suggest that an ESOP never is an appropriate method of corporate finance.
discussed
Cited "see"
Gary L. Eyler v. Commissioner of Internal Revenue
See Donovan v. Cunningham, 716 F.2d 1455, 1471 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984) (underwriter had not assumed that an ESOP existed when it appraised corporation’s stock).
discussed
Cited "see"
Frank v. ITT Commercial Finance Corp. (In Re Thompson Boat Co.)
See generally, e.g., Bonilla v. Oakland Scavenger Co., 697 F.2d 1297, 1301 (9th Cir.1982), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 838 (1984) (A trial court should not consider “matters extraneous to the pleadings while treating the [Rule 12(b)(6) ] motion as one to dismiss, rather than as one for summary judgment.”).
discussed
Cited "see"
Mayer v. United States
Higgins v. Commissioner, 312 U.S. 212, 217 , 61 S.Ct. 475, 478 , 85 L.Ed. 783 (1941); accord Moller v. United States, 721 F.2d 810, 813 (Fed.Cir.1983) cert, denied, 467 U.S. 1251 , 104 S.Ct. 3534 , 82 L.Ed.2d 839 (1984).
cited
Cited "see"
In Re Fairchild Ind. & Gmf Inv. Erisa Litigation
See Donovan v. Cunningham, 716 F.2d 1455 , 1466 n. 23 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984). 4 .
discussed
Cited "see"
United States v. Thomas John Morris, Sr.
See Nezowy v. United States, 723 F.2d 1120 (3d Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984); United States v. Rubin, 559 F.2d 975 (5th Cir.1977), vacated on other grounds, 439 U.S. 810 , 99 S.Ct. 67 , 58 L.Ed.2d 102 (1978); United States v. Williams, 464 F.2d 927 (8th Cir.1972); United States v. Tomaiolo, 249 F.2d 683 (2d Cir.1957); see also Namet v. United States, 373 U.S. 179 , 83 S.Ct. 1151 , 10 L.Ed.2d 278 (1963) (finding that when there was no prosecutorial misconduct and the defendant was not unfairly prejudiced, it was not reversible error for the pros…
discussed
Cited "see"
Dallas C. Wood v. Commissioner of Internal Revenue
See Donovan v. Cunningham, 716 F.2d 1455, 1464-65 (5th Cir.1983) (interpreting 29 U.S.C. § 1106 , a parallel prohibited transaction provision in Title I of ERISA), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984).
cited
Cited "see"
Thomas Cosgrove, Husband, on His Own Behalf and on Behalf of All Others Similarly Situated, Matilda June Cosgrove, Wife, on Her Own Behalf and on Behalf of All Others Similarly Situated v. Circle K Corporation, a Texas Corporation, Circle K Convenience Stores, Inc., a Texas Corporation Fred Hervey, Thomas Cosgrove, Husband, on His Own Behalf and on Behalf of All Others Similarly Situated, Matilda June Cosgrove, Wife, on Her Own Behalf and on Behalf of All Others Similarly Situated v. Circle K Corporation, a Texas Corporation, Circle K Convenience Stores, Inc., a Texas Corporation Fred Hervey, Millard O. Orick, Bill J. Farmer, Robert Hutchinson, Fred Hervey Interests Employees Retirement Plan, Thomas Cosgrove, Husband, on His Own Behalf and on Behalf of All Others Similarly Situated, Matilda June Cosgrove, Wife, on Her Own Behalf and on Behalf of All Others Similarly Situated v. Valley National Bank, and Charles Shoumaker, Karl Eller, H.R. Fenstermacher, W.A. Franke, Dean P. Guerin, John P. Harbin, Carl H. Lindner, Keith E. Lindner, Robert M. Reade, A. Jerry Busby, Jane Doe Shoumaker, Wife, Jane Doe Eller, Wife, Jane Doe Fenstermacher, Wife, Jane Doe, Wife, Jane Doe Guerin, Wife, Jane Doe Harbin, Wife, Jane Doe Lindner, Wife to Keith E. Lindner, Jane Doe Reade, Wife
See Donovan v. Cunningham, 716 F.2d 1455 , 1467 n. 27 (5th Cir.1983) cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984); Marshall v. Snyder, 572 F.2d 894, 900 (2d Cir.1978).
cited
Cited "see"
Bertarelli v. State
See Nezowy v. United States, 723 F.2d 1120 (3rd Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984); United States v. Williams, 464 F.2d 927 (8th Cir.1972).
cited
Cited "see"
Silpacharin v. Metropolitan Government of Nashville & Davidson County
See Bonilla v. Oakland Scavanger Co., 697 F.2d 1297 , 1303 (9th Cir.1982), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 838 (1984).
cited
Cited "see"
Whitfield v. Cohen
See Donovan v. Cunningham, 716 F.2d 1455 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984).
cited
Cited "see"
Drug & Toilet Preparation Traffic Conference, Inc. v. United States
See Shippers National Freight Claim Council, Inc. v. ICC, 712 F.2d 740 , 749-50 (2d Cir.1933), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3524 , 82 L.Ed.2d 839 (1984).
discussed
Cited "see"
Drug And Toilet Preparation Traffic Conference, Inc. v. United States
See Shippers National Freight Claim Council, Inc. v. ICC, 712 F.2d 740 , 749-50 (2d Cir.1933), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3524 , 82 L.Ed.2d 839 (1984). 19 Petitioners also argue that, "[i]f Congress intended to enact a law which completely withdrew the carrier's common law liability as a bailee, then it would have to use words plainly connoting that new concept...." Petitioners' Brief at 28.
discussed
Cited "see"
Quasar Co. v. Atchison, Topeka & Santa Fe Railway Co.
See generally Shippers National Freight Claim Council, Inc. v. I.C.C., 712 F.2d 740 , 745-748 (2d Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3534 , 82 L.Ed.2d 839 (1984); Howe v. Allied Van Lines, Inc., 622 F.2d 1147, 1156-1157 (3d Cir.), cert. denied 449 U.S. 992 , 101 S.Ct. 528 , 66 L.Ed.2d 289 (1980).
cited
Cited "see, e.g."
State v. Keadle
See, also, United States v. Cockrell, 720 F.2d 1423 (5th Cir. 1983), rehearing denied 724 F.2d 976 (5th Cir.), cert. denied 467 U.S. 1251 , 104 S. Ct. 3534 , 82 L.
discussed
Cited "see, e.g."
DiFelice v. Fiduciary Counselors, Inc.
See also In re Unisys Savings Plan Litig., 74 F.3d 420, 434-35 (3d Cir.1996) (“[T]he prudence requirement is flexible, such that the adequacy of a fiduciary’s independent investigation and ultimate investment selection is evaluated in light of the ‘character and aims’ of the particular type of plan he serves.”) (citing Donovan v. Cunningham, 716 F.2d 1455, 1467 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 , (1984)).
cited
Cited "see, e.g."
Adams v. Bowater, Inc.
See, e.g., Donovan v. Cunningham, 716 F.2d 1455, 1461-62 (5th Cir.1983), ce rt. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984).
discussed
Cited "see, e.g."
Delta Star, Inc. v. Patton
See also Donovan v. Cunningham, 541 F.Supp. 276, 289 (S.D.Tex.1982) (holding that, because an ESOP owns a substantial portion of the sponsoring company’s stock, it would be inconsistent with the intentions of ERISA to allow a trustee who has breached his fiduciary duties to the ESOP to be indemnified by the sponsoring company where the ESOP would indirectly bear the financial burden), affirmed in part, vacated in part, reversed in part on other grounds, 716 F.2d 1455 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984). 106.
discussed
Cited "see, e.g."
Campbell v. Clinton
See, eg., Crockett v. Reagan, 720 F.2d 1355, 1357 (D.C.Cir.1983) (Bork, J., concurring), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984); Holtzman v. Schlesinger, 484 F.2d 1307, 1309-10 (2d Cir.1973), cert. denied, 416 U.S. 936 , 94 S.Ct. 1935 , 40 L.Ed.2d 286 (1974); cf. Goldwater v. Carter, 617 F.2d 697, 709-15 (D.C.Cir.) (en banc) (Wright and Tamm, J.J., concurring in result), vacated and remanded tvith directions to dismiss, 444 U.S. 996 , 100 S.Ct, 533 , 62 L.Ed.2d 428 (1979).
discussed
Cited "see, e.g."
Page v. Shelby
Lujan, 504 U.S. at 576 ; see also Crockett v. Reagan, 558 F.Supp. 893, 898 (D.D.C.1982) (JHG) (concluding that fact-finding necessary to determine violation of War Powers Resolution was properly function of Congress not judiciary), aff'd 720 F.2d 1355 (D.C.Cir.1983), cert. denied 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984).
cited
Cited "see, e.g."
Southwestern Bell Telephone Company, Southwestern Bell Corporation Employee Stock Ownership Plan and Southwestern Bell Corporation Savings Plan for Salaried Employees v. Salathiel DeRusse
See Bowen , 624 F.2d at 1266 ; see also Donovan v. Cunningham , 716 F.2d 1455 (5th Cir. 1983), cert. denied , 467 U.S. 1251 (1984).
discussed
Cited "see, e.g."
United States v. Noriega
See, e.g., Crockett v. Reagan, 558 F.Supp. 893, 898 (D.D.C.1982) (court lacked resources and expertise to resolve disputed questions of fact concerning presence of imminent hostilities in El Salvador, which existence would implicate War Powers Resolution), aff’d, 720 F.2d 1355 (D.C.Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984); Lowry v. Reagan, 676 F.Supp. 333 , 340 n. 53 (D.D.C.1987) (court unable to determine whether hostile situation existed in Persian Gulf); Holtzman v. Schlesinger, 484 F.2d 1307, 1310 (2d Cir.1973) (court lacked expertise to determine w…
cited
Cited "see, e.g."
O'NEILL v. Davis
See also Donovan v. Cunningham, 716 F.2d 1455, 1464 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984).
discussed
Cited "see, e.g."
Charles S. Foltz v. U.S. News & World Report, Inc. Charles S. Foltz, John Kirby v. U.S. News & World Report, Inc. David B. Richardson v. U.S. News & World Report, Inc.
See, e.g., Edwards, 757 F.2d at 56-57. 55 Plaintiffs would also infer from Sec. 404(a)(1)(B)'s requirement that plan fiduciaries exercise the "care, skill, prudence and diligence" of a "prudent man" that we owe their valuation decision no deference, since, they say, the fiduciary standard exacted is "the highest known to law." In support of this view they cite Donovan v. Cunningham, 716 F.2d 1455 (5th Cir.1983), cert. denied, 467 U.S. 1251 , 104 S.Ct. 3533 , 82 L.Ed.2d 839 (1984), and Donovan v. Bierwirth, 680 F.2d 263 (2d Cir.), cert. denied, 459 U.S. 1069 , 103 S.Ct. 488 , 74 L.Ed.2d 631 (19…
discussed
Cited "see, e.g."
Commissioner v. Groetzinger
(2×)
See also Moller v. United States, 721 F. 2d 810 (CA Fed. 1983), cert. denied, 467 U. S. 1251 (1984); Purvis v. Commissioner, 530 F. 2d 1332, 1334 (CA9 1976).
Retrieving the full opinion text from the archive…
Heckler, Secretary of Health and Human Services
v.
Chaney
v.
Chaney
No. 83-1878.
Supreme Court of the United States.
Jun 18, 1984.
Published
C. A. D. C. Cir. Motion of respondents for leave to proceed in forma pauperis and certiorari granted.