Cunningham v. Cornell University
U.S. Supreme Court · decided April 17, 2025 · Supreme Court Database (Spaeth)
- Decided
- April 17, 2025
- Term
- October Term 2024
- Vote
- 9–0
- Majority author
- Justice Sotomayor
- Issue area
- Economic Activity
- Disposition
- Reversed and remanded
- Outcome
- Petitioning party won
- Ideological direction
- Liberal
Opinion excerpt
(Slip Opinion) OCTOBER TERM, 2024 1 Syllabus NOTE: Where it is feasible, a syllabus (headnote) will be released, as is being done in connection with this case, at the time the opinion is issued. The syllabus constitutes no part of the opinion of the Court but has been prepared by the Reporter of Decisions for the convenience of the reader. See United States v. Detroit Timber & Lumber Co., 200 U. S. 321, 337 . SUPREME COURT OF THE UNITED STATES Syllabus CUNNINGHAM ET AL. v. CORNELL UNIVERSITY ET AL. CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT No. 23–1007. Argued January 22, 2025—Decided April 17, 2025 The Employee Retirement Income Security Act of 1974 (ERISA) prohib- its plan fiduciaries from causing a plan to engage in certain transac- tions with parties in interest. 29 U. S. C. §1106 . A separate provision, §1108(b)(2)(A), exempts from these prohibitions any transaction that involves “[c]ontracting or making reasonable arrangements with a party in interest for office space, or legal, accounting, or other services necessary for the establishment or operation of the plan, if no more than reasonable compensation is paid therefor.” The question pre- sented is whether, to state a claim under §1106, a plaintiff must plead that §1108(b)(2)(A) does not apply to an alleged prohibited transaction. Petitioners represent a class of current and former Cornell…
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