Second Circuit Issues Statute of Limitations Ruling Favorable to Healthcare Plan Administrators
By EsqSocial Corporation 22/06/21
Federal law does not supply a statute of limitations for a claim seeking equitable relief under ERISA, 29 U.S.C. 1132(a)(3), and therefore federal courts borrow the limitations period of the state-law cause of action to which the ERISA claim is most analogous. As a result, whether an equitable ERISA claim is time-barred depends on which state-law claim is most analogous and the time limitations that state law prescribes for that claim. The Second Circuit recently applied these principles in...
By: Hinshaw & Culbertson - The LHD/ERISA Advisor