DOL SAYS PENSION FUND CANNOT MAKE MORTGAGE LOANS U.S. DOL v. Molnar | Secondary Sources | Westlaw

DOL SAYS PENSION FUND CANNOT MAKE MORTGAGE LOANS U.S. DOL v. Molnar | Secondary Sources | Westlaw

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DOL SAYS PENSION FUND CANNOT MAKE MORTGAGE LOANS U.S. DOL v. Molnar

5 No. 13 ANBLLLR 3Andrews' Bank & Lender Liability Litigation Reporter (Approx. 2 pages)

DOL SAYS PENSION FUND CANNOT MAKE MORTGAGE LOANS U.S. DOL v. Molnar

5 No. 13 ANBLLLR 3Andrews' Bank & Lender Liability Litigation Reporter (Approx. 2 pages)

5 No. 13 Andrews' Bank & Lender Liab. Litig. Rep. 3
Andrews' Bank & Lender Liability Litigation Reporter
March 1, 2000
ERISA
Copyright (c) 2000 Andrews Publications

DOL SAYS PENSION FUND CANNOT MAKE MORTGAGE LOANS

U.S. DOL v. Molnar

In a Michigan federal court suit, the U.S. DOL has charged the trustees of the Detroit-area Carpenters Union pension fund with breaching fiduciary duties under ERISA for using plan assets to make mortgage loans worth $14,752,471. The loans violated...
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