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BASICH v. BOARD OF PENSIONS

No. C2-92-927.

493 N.W.2d 293 (1992)

Thomas BASICH, et al., Appellants, v. BOARD OF PENSIONS OF the EVANGELICAL LUTHERAN CHURCH IN AMERICA, Respondent, Evangelical Lutheran Church in America, Respondent.

Court of Appeals of Minnesota.

December 8, 1992.

Attorney(s) appearing for the Case

Robert C. Bell, Peterson, Bell, Converse & Jensen, Lynn E. Basich, Roseville, for appellants.

John E. Harris, Bonnie M. Fleming, Jeffrey D. Hedlund, Faegre & Benson, Minneapolis, for Board of Pensions of the Evangelical Lutheran Church in America.

Robert H. Rydland, Levander, Zotaley, Vander Linden & Rydland, Minneapolis, for Evangelical Lutheran Church in America.

Considered by NORTON, P.J., and HUSPENI and PETERSON, JJ.

OPINION

NORTON, Presiding Judge.

Appellants, three Lutheran ministers and a Lutheran congregation, sued the Evangelical Lutheran Church of America (ELCA) and the Board of Pensions for the ELCA challenging the propriety of respondents' investment of employee pension funds. The trial court held that appellants lacked standing to sue and granted summary judgment to respondents. We affirm.

FACTS

Appellants are three ministers and a congregation...

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