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CAL. DIGITAL DEF. BEN. PENSION v. UNION BANK

No. CV-88-4098 RSWL.

705 F.Supp. 489 (1989)

CALIFORNIA DIGITAL DEFINED BENEFIT PENSION FUND, Plaintiff, v. UNION BANK, Defendant.

United States District Court, C.D. California.

February 8, 1989.

Attorney(s) appearing for the Case

Paul T. Dye, Saltzburg, Ray & Bergman, Los Angeles, Cal., for plaintiff.

Ronald K. Meyer, Lester J. Levy, Munger, Tolles & Olson, Los Angeles, Cal., for defendant.

ORDER AND OPINION

LEW, District Judge.

This is an action brought under the Employee Retirement Income Security Act of 1974 ("ERISA"), 29 U.S.C. §§ 1001 et seq., by the California Digital Defined Benefit Pension Plan ("plaintiff" or the "Plan") against Union Bank ("defendant" or the "Bank") for the alleged wrongful negotiation of assets belonging to the Plan. Plaintiff alleges, as the First and...

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