Justice THOMAS delivered the opinion of the Court.
In most lawsuits seeking relief under the Employee Retirement Income Security Act of 1974 (ERISA), 88 Stat. 829, as amended, 29 U.S.C. § 1001 et seq., "a reasonable attorney's fee and costs" are available "to either party" at the court's "discretion." § 1132(g)(1). The Court of Appeals for the Fourth Circuit has interpreted § 1132(g)(1) to require that a fee claimant be a "prevailing party" before...
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