In Re UAL Corporation (Pilots' Pension Plan Termination)
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Earlier this year we held that United Airlines and its unionized pilots had reached a valid bargain in which the pilots’ union, in order to improve United’s chance of successful reorganization in bankruptcy, agreed not to oppose its termination of its defined-benefit pension plan. In re UAL Corp. (URPBPA), 443 F.3d 565 (7th Cir.2006) (URPBPA I). In exchange for their acquiescence, the active pilots stood to receive $550 million in convertible notes in the reorganized firm, plus a new defined-contribution pension plan.
This agreement contemplated that United would…
2Cases cited23 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Buckley v. ValeoSupreme Court of the United States · 1976
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
- United States v. Mead Corp.Supreme Court of the United States · 2001
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3Cited by3 opinions
- Lewis v. Pension Benefit Guaranty Corp.Court of Appeals for the D.C. Circuit · 2018
- In the Matter of Ual Corporation (Pilots' Pension Plan Termination). Appeals Of: United Airlines, Inc. Pension Benefit Guaranty Corporation Air Line Pilots Association, International and United Retired Pilots Benefit Protection AssociationCourt of Appeals for the Seventh Circuit · 2006
- Lewis v. Pension Benefit Guaranty CorporationDistrict Court, District of Columbia · 2018