High Court Decides ERISA Case
The Supreme Court has ruled against a Texas woman in her attempt to collect more than $400,000 in pension savings she said was wrongly awarded to her mother. The high court found that while Liv Kennedy legally waived her rights to her ex-husband’s pension, his former employer DuPont had acted properly under the Employee Retirement Income Security Act in awarding his ex-wife the money anyway. The couple’s daughter, Kari Kennedy, said although she was disappointed in the ruling, she was relieved to bring closure to 25 years of litigation.

