Boland Ex Rel. Bricklayers & Trowel Trades International Pension Fund v. Thermal Specialties, Inc.

MEMORANDUM OPINION

JAMES E. BOASBERG, District Judge.

When Thermal Specialties, Inc., sold substantially all of its assets to the aptly named Thermal Specialties Acquisition Company, LLC, the acquirer refused to assume TSI’s collective-bargaining agreements. In particular, TSAC ended contributions to employee pension funds. Because Superman cannot escape his debts— or his ERISA obligations — by putting on Clark Kent’s glasses, courts generally hold employers liable for pension agreements made by their “alter egos.” Relying on that alter-ego doctrine, trustees of the pension funds sued TSAC and…