California Public Employees' Retirement System, et al. v. Paul Felzen et al. (525 U.S. 315)
U.S. Supreme Court · decided January 20, 1999 · Supreme Court Database (Spaeth)
- Citation
- 525 U.S. 315 · 119 S. Ct. 720
- Decided
- January 20, 1999
- Term
- October Term 1998
- Vote
- 4–4
- Disposition
- Affirmed
- Outcome
- Petitioning party lost
- Ideological direction
- Conservative
Opinion excerpt
525 U.S. 315 (1999) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM et al. v. FELZEN et al. No. 97-1732. United States Supreme Court. Argued January 11, 1999. Decided January 20, 1999. CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SEVENTH CIRCUIT Michael K. Kellogg argued the cause for petitioners. With him on the briefs were Mark C. Hansen, Neil M. Gorsuch, and Sean A. Lev. David C. Frederick argued the cause for the United States et al. as amici curiae urging reversal. With him on the brief were Solicitor General Waxman, Deputy Solicitor General Kneedler, Harvey J. Goldschmid, David M. Becker, Paul Gonson, Jacob H. Stillman, and Eric Summergrad. John G. Kester argued the cause for respondents and filed a brief for respondent Archer Daniels Midland Co. With him on the brief was George A. Borden. Thom W. Moss filed a brief for respondent Directors of Archer Daniels Midland Co. Terry Rose Saunders, Robert M. Roseman, and Henry P. Monaghan filed a brief for respondent Paul Felzen et al. [*] Per Curiam. The judgment is affirmed by an equally divided Court. JUSTICE O'CONNOR took no part in the consideration or decision of this case. NOTES [*] Briefs of amici curiae urging reversal were filed for Barclays Global Investors, N. A., et al. by Andrew N. Vollmer, Andrew B. Weissman, and Joseph A. Grundfest; for the Council of Institutional Investors by Carter G. Phillips,…
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