OPINION
MYRON H. THOMPSON, District Judge.
In this equitable proceeding brought pursuant to the Employee Retirement Income Security Act of 1974 ("ERISA"), § 502(a)(3), as amended, 29 U.S.C. § 1132(a)(3), an ERISA plan and its third-party administrator seek to be reimbursed from settlement proceeds obtained by a beneficiary in a prior negligence lawsuit arising out of an automobile accident. The plaintiffs are Culp, Inc. Health Care Plan ("the Plan...
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