Legal Opinion
Pension Benefit Guaranty Corporation v. Artra Group, Incorporated
Court of Appeals for the Seventh Circuit
Decided August 11, 1992No. 91-3262PublishedCited by 9 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
Back when it was called Dutch Boy, Ar-tra Group, Inc. participated in a group pension plan for the benefit of its unionized Chicago employees. When Dutch Boy ceased operations in Chicago, it also stopped participating in the plan. The Pension Benefit Guaranty Corporation (PBGC) now guarantees the pension benefits of Artra’s former employees. There is not enough money in the plan to pay those benefits, and the PBGC wants Artra to pay the difference.
The district court decided that Artra was not liable for the underfunding because its pension plan was not tax-qualified. 768…
2Cases cited8 opinions
- In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
- Mead Corp. v. TilleySupreme Court of the United States · 1989
- Walsh v. Great Atlantic & Pacific Tea Co.Court of Appeals for the Third Circuit · 1983
- Resolution Trust Corporation, as Receiver of Community Savings & Loan Association v. Peter JuergensCourt of Appeals for the Seventh Circuit · 1992
- Raymond D. Oddi, Cross-Appellant v. Ayco Corporation, a New York Corporation, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1992
3 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- American Flint Glass Workers Union, Afl-Cio Michael Sine Andy J. Hatfield v. Beaumont Glass Company Beaumont Company Pension Plan for Hourly EmployeesCourt of Appeals for the Third Circuit · 1995
- SARA LEE v. American Bakers Ass'n Retirement PlanDistrict Court, District of Columbia · 2007
- Nowell v. Central Service Ass'nDistrict Court, S.D. Mississippi · 2000
- Sara Lee Corp. v. American Bakers Ass'n Retirement PlanDistrict Court, District of Columbia · 2007
- Sara Lee Corp. v. American Bakers Ass'n Retirement PlanDistrict Court, District of Columbia · 2009
4 more not listed; retrieve them via the Exa API.