Pension Benefit Guar. Corp. v. Don's Trucking Co., Inc.

MEMORANDUM OPINION

SPENCER, District Judge.

THIS MATTER comes before the Court on Cross Motions for Summary Judgment filed by Plaintiff Pension Benefit Guaranty Corporation and by Defendants Donald Beverley and Martha Beverley. For the reasons discussed below, Plaintiffs Motion for Summary Judgment is GRANTED and Defendants’ Motion for Summary Judgment is DENIED.

I

Pension Benefit Guaranty Corporation (“PBGC”) is a wholly-owned United States government corporation established under 29 U.S.C. § 1302(a) to administer and enforce the pension plan termination insurance program created by Title IV of…