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Home / Opinion Digests / Sanctions Award for ERISA Claim Against IRA (access required)

Sanctions Award for ERISA Claim Against IRA (access required)

An Abingdon U.S. District Court says lawyers for a decedent’s ex-wife violated Fed. R. Civ. P. 11 by persisting in a claim to decedent’s $350,000 Individual Retirement Account, the proceeds of which he deposited into a separate account after the parties divorced. Although the ex-wife was a beneficiary on the IRA at the time of their ...