Sears Group Life Insurance Litigation

In Re Sears Group Life Insurance Litigation, (No. 97-C-7453) (N.D. Ill.)

This case was an ERISA class action challenging removal of life insurance coverage for a class of Sears retirees including former executives, managers and hourly employees. It resulted in a March 2002 settlement restoring life insurance benefits in the $28 million range and preserved an additional $200 million of life insurance benefits. (Liaison and Steering Committee Counsel) (Defense Counsel Mayer Brown)