Search for: "Grant v. Pension Benefit Guaranty Corporation"
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6 Aug 2013, 10:26 am
A debtor terminates a costly pension plan and the Pension Benefit Guaranty Corporation (the “PBGC”) becomes one of the largest unsecured creditors in the bankruptcy, bearing all of the costs of the terminated plan and often recovering pennies on the dollar in bankruptcy. [read post]
14 Jan 2020, 8:02 am
” He pressed Joshi on whether the Pension Benefit Guaranty Corporation’s guarantee of defined-benefit plan benefits should be a consideration in determining whether sufficient risk of harm exists. [read post]
6 Aug 2013, 9:26 am
A debtor terminates a costly pension plan and the Pension Benefit Guaranty Corporation (the “PBGC”) becomes one of the largest unsecured creditors in the bankruptcy, bearing all of the costs of the terminated plan and often recovering pennies on the dollar in bankruptcy. [read post]
8 Jul 2014, 12:56 pm
After the airline’s bankruptcy, the Pension Benefit Guaranty Corporation, the statutory trustee of the plan, was substituted as the defendant. [read post]
9 Apr 2024, 9:01 pm
The MPPAA was enacted to address the problem that occurred when an employer withdrew participation from a multiemployer pension plan; while the plan remained liable to provide pension benefits to employees, the withdrawn employer no longer contributes to the plan, and thus other participating employers were likely to exit to avoid having to pay for the unfunded benefits of the companies that exit the plan. [read post]
24 Jun 2014, 5:20 am
Pension Benefits Guaranty Corporation, a challenge by a group of retired USAirways pilots to the PBGC’s role as the trustee for the terminated pension plans that it insures. [read post]
5 Jan 2010, 10:56 am
Issue: Do participants in a pension plan for which the Pension Benefit Guaranty Corporation serves as a trustee have Article III standing to sue prior plan fiduciaries for breach of fiduciary duty under ERISA, when their pension benefits have been reduced due to underfunding of the plan? [read post]
25 Jun 2014, 2:00 pm
Pension Benefit Guaranty Corporation 13-1280Issue: (1) Whether the Court of Appeals erred in upholding the Pension Benefit Guaranty Corporation’s post hoc rationalization in litigation that, under 29 U.S.C. [read post]
26 May 2017, 1:39 pm
Pension Benefit Guaranty Corporation v. [read post]
9 Jul 2021, 1:20 pm
Pension Benefit Guaranty Corporation 21-2Issue: Whether the U.S. [read post]
29 Feb 2016, 4:43 pm
This past year was an eventful one in the corporate and securities litigation arena, with the U.S. [read post]
3 May 2010, 9:34 am
The bank files a Motion to Lift the Stay, and generally that motion is granted, because in a Chapter 7, the defenses just don't apply (there's no equity for the estate in the house, and the house isn't need for an effective reorganization, because there is no reorganization in a Chapter 7). [read post]
23 Jul 2010, 10:06 am
Automatic stay(a) Except as provided in subsection (b) of this section, a petition filed under section 301, 302, or 303 of this title, or an application filed under section 5(a)(3) of the Securities Investor Protection Act of 1970, operates as a stay, applicable to all entities, of—(1) the commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action or proceeding against the debtor that was or could have been commenced before the… [read post]
