International Union of Electronic, Electric, Salaried, Machine & Furniture Workers v. Murata Erie North America, Inc.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
BECKER, Circuit Judge.
This appeal by defendant Murata Erie North America, Inc. (“Murata”) requires us to decide who is entitled to the excess funds remaining in two pension plans (“the Plans”) after their termination. Murata, the Plans’ sponsor, terminated the Plans in July 1987 as part of a larger scheme to end operations at its Erie, Pennsylvania plant. To satisfy the Plans’ liabilities, the Plan Administrator purchased annuities for all the participants, after which nearly seven million dollars remained. Murata recouped this remaining sum in 1989 pursuant to an…
2Cases cited19 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- First National Maintenance Corp. v. National Labor Relations BoardSupreme Court of the United States · 1981
- Hoxworth v. Blinder, Robinson & Co.Court of Appeals for the Third Circuit · 1990
- Hozier v. Midwest Fasteners, Inc.Court of Appeals for the Third Circuit · 1990
- Gluck v. Unisys Corp.Court of Appeals for the Third Circuit · 1992
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3Cited by6 opinions
- Russell C. Larson v. Northrop CorporationCourt of Appeals for the D.C. Circuit · 1994
- International Union Of Electronic, Electric, Salaried, Machine And Furniture Workers, Afl-Cio v. Murata Erie North America, Inc.Court of Appeals for the Third Circuit · 1992
- Wilson v. Dana Corp.District Court, W.D. Kentucky · 2002
- Aull v. Cavalcade Pension PlanDistrict Court, D. Colorado · 1997
- Allstate Insurance v. DasDistrict Court, E.D. Michigan · 2015
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