Carpenters Pension Trust Fund v. Michael Moxley
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OPINION
SCHROEDER, Circuit Judge:
INTRODUCTION
When contractors in the construction industry stop working under the terms of a collective bargaining agreement, but continue in business, they cannot simply stop making payments to the pension fund administered under that agreement. Pursuant to the Employee Retirement Income Security Act (“ERISA”), they are liable to the fund in the amount determined necessary to ensure payment of benefits to employees whose rights have vested. 29 U.S.C. §§ 1381, 1391. The issue in this appeal is whether that “withdrawal liability” is dischargeable in bankruptcy.…
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