1. In general, the entity that generally but not necessarily benefits from the judgment of a law suit, and is legally entitled to enforce the right that is subject matter of the suit.
2. In employee benefit plans, the individual recognized under the Employee Retirement Income Security Act (ERISA) as having a relationship with a retirement plan that prohibits him or her from engaging in certain transactions with the plan. Such persons usually include counsels, custodians, fiduciaries, plan sponsors, service providers, and trustees. also called real party in interest.
Related information about party in interest:
- Real party in interest - Wikipedia, the free encyclopedia
In law, the real party in interest is the one who actually possesses the substantive right being asserted and has a legal right to enforce the claim (under ...
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Definition of party in interest: In general, the entity that generally but not necessarily benefits from the judgment of a law suit, and is legally entitled to enforce the ...
- Parties in Interest and Prohibited Transactions - Raffa
This primer discusses party in interest transactions that are prohibited under ERISA ... requirements for party in interest and non-exempt transactions, applicable ...
- Party in Interest - Financial Dictionary - The Free Dictionary
An ERISA-specified individual—such as an administrator, officer, fiduciary, trustee, custodian, or counsel—who is prohibited from making certain transactions ...
- real party in interest - Legal Dictionary - The Free Dictionary
real party in interest n. the person or entity who will benefit from a lawsuit or petition even though the plaintiff (the person filing the suit) is someone else, often ...
- real party in interest - Legal Dictionary | Law.com
real party in interest. n. the person or entity who will benefit from a lawsuit or petition even though the plaintiff (the person filing the suit) is someone else, often ...
- CIVIL PROCEDURE: REAL PARTY IN INTEREST EXPLAINED ...
May 10, 2011 ... SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S NOTE: Finding that lawyers and judges are confused about the ...
- Real Party in Interest Law & Legal Definition
A real party in interest is the person or entity whose rights are involved and stands to gain from a lawsuit or petition even though the plaintiff who filed suit is ...