Legal Opinion

In Re UAL Corporation (Pilots' Pension Plan Termination)

Court of Appeals for the Seventh Circuit

Decided October 25, 2006No. 06-1867, 06-2843, 06-2662, 06-2714PublishedCited by 3 opinions

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

  1. Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
  2. Buckley v. ValeoSupreme Court of the United States · 1976
  3. Skidmore v. Swift & Co.Supreme Court of the United States · 1944
  4. Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
  5. United States v. Mead Corp.Supreme Court of the United States · 2001

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3Cited by3 opinions

  1. Lewis v. Pension Benefit Guaranty Corp.Court of Appeals for the D.C. Circuit · 2018
  2. 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
  3. Lewis v. Pension Benefit Guaranty CorporationDistrict Court, District of Columbia · 2018

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