Pension Benefit Guaranty Corp. v. Slater Steels Corp.

ORDER

COSBEY, United States Magistrate Judge.

Pending is a motion for leave to intervene filed by the United Steelworkers of America (“the Union”), on January 6, 2004. On February 9, 2004, Plaintiff, the Pension Benefit Guaranty Corporation (“PBGC”), filed an objection and on February 23, 2004, the Union replied.1 For the following reasons, the motion to intervene will be granted.

BACKGROUND

PBGC is a wholly-owned United States Government corporation established pursuant to 29 U.S.C. § 1302(a) to administer the *341pension plan termination insurance program created by the Employee Retirement and…