Michael Khalil Comments on Thole v. US Bank in Law360

"5 ERISA Cases To Watch In The 2nd Half of 2019"

Law360

06.21.2019

Michael Khalil commented on the likelihood of the U.S. Supreme Court agreeing to review the Eighth Circuit's decision in Thole v. US Bank. Khalil said he agrees that it's an important case, noting that it could protect companies from being sued for retirement plan mismanagement as long as the plan is fully funded, but he's not sure the high court will take up the case given its busy docket of ERISA cases this year. "The reason I don't think it's likely to be granted is we've already got two ERISA cases," Khalil said.