ERISA May Not Shield ESOP Appraisers From State Law Liability

Business Valuation UpdateVol. 13 No. 9
Legal and Court Case Update
September 2007

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7389 Business Services, NEC
541990 All Other Professional, Scientific, and Technical Services
ERISA
Kloots v. American Express Tax and Business Services, Inc.
2007 U.S. App. LEXIS 11826
May 15, 2007
US
Federal Court
6th Circuit
United States Court of Appeals
named defendants
Gibbons

Summary

Federal appeals court considers whether ERISA pre-empts state law claims of professional malpractice against ESOP appraiser.

See Also

Kloots v. American Express Tax and Business Services, Inc.

Full Text of Court Cases
May 15, 2007

Federal appeals court considers whether ERISA pre-empts state law claims of professional malpractice against ESOP appraiser.