Pension Benefit Guaranty Corp. v. Findlay Indus., Inc.
Court of Appeals for the Sixth Circuit
DAUGHTREY, J., delivered the opinion of the court in which DONALD, J., joined, and McKEAGUE, J., joined in part. McKEAGUE, J. (pp. 613-21), delivered a separate opinion concurring in part and dissenting in part.
1Opinion of the Court
MARTHA CRAIG DAUGHTREY, Circuit Judge.
Following the financial collapse of the Studebaker Company in 1963, more than 11,000 autoworkers lost 85 percent of their vested pension interest when the company's retirement plan was terminated. The resulting political pressure culminated in passage of the Employee Retirement Income Security Act of 1974, 29 U.S.C. §§ 1001 - 1461 (ERISA), which regulates private-sector pension and health funds. In addition to setting up requirements for defined pension-benefit plans, as part of ERISA Congress also created the Pension Benefit Guaranty Corporation (PBGC),…
Also in this document: Concurring in part, dissenting in part.
2Cases cited44 opinions
- Firestone Tire & Rubber Co. v. BruchSupreme Court of the United States · 1989
- Barnhart v. Sigmon Coal Co.Supreme Court of the United States · 2002
- National Federation of Independent Business v. SebeliusSupreme Court of the United States · 2012
- Pension Benefit Guaranty Corporation v. RA Gray & Co.Supreme Court of the United States · 1984
- Exxon Corp. v. Governor of MarylandSupreme Court of the United States · 1978
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3Cited by53 opinions
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- Standard Ins. Co. v. Joel Michael Guy, Jr.Court of Appeals for the Sixth Circuit · 2024
- A. R. v. Wyndham Hotels and Resorts, Inc.District Court, S.D. Ohio · 2022
- A.M. v. Wyndham Hotels and Resorts, Inc.District Court, S.D. Ohio · 2024
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