Springate v. Weighmasters Murphy, Inc. Money Purchase Pension Plan, Charles E. Murphy, John E. Murphy & Frank Murphy
Published: Oct. 15, 2002 | Result Date: Jul. 1, 2002 | Filing Date: Jan. 1, 1900 |Case number: CV0103551DT Bench Decision – $1,087,650
Judge
Court
USDC Central
Attorneys
Plaintiff
Defendant
Facts
Eleanor Murphy died after naming Fred Springate the beneficiary of her vested interest in the Weighmasters
Murphy Inc. Money Purchase Pension Plan. The defendants, two of the decedent's brothers and a nephew,
refused to release Eleanor Murphy's vested interest in the plan to her named beneficiary, Fred Springate.
Result
Summary judgment for the plaintiff for all losses sustained by the plan, in the amount of $814,818 plus pre- judgment interest of $174,684, plus attorney fees of $179,900 and costs of $5,700, and the removal of all defendants as fiduciaries of the plan.
Other Information
Judgment for the Plaintiff on Summary Judgment for all losses sustained by the Plan in the amount of $814,818 plus prejudgment interest in the amount of $174,684, plus attorney fees in the amount of $179,900 and costs of $5,700, and the removal of all defendants as fiduciaries of the Plan.
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