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Do equitable principles apply to ERISA plans?
WASHINGTON – When an accident victim’s medical expenses are covered by an ERISA plan, and the victim goes on to win a tort suit for his injuries, who foots the attorney’s bill? That question was at the heart of oral arguments on Tuesday at the U.S Supreme Court in U.S. Airways v. McCutchen, a complicated case that pits plain-language contractual interpretation against the equitable principle of unjust enrichment.