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NACHMAN CORP. v. PENSION BENEFIT GUARANTY CORP.

No. 76 C 2963.

436 F.Supp. 1334 (1977)

NACHMAN CORPORATION, Plaintiff, v. PENSION BENEFIT GUARANTY CORPORATION (PBGC), Defendant, and International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW), Intervenor-Defendants.

United States District Court, N. D. Illinois, E. D.

September 15, 1977.

Attorney(s) appearing for the Case

Selwyn Zun, Lawrence R. Levin, Robert W. Gettleman, Joel D. Rubin, D'Ancona, Pflaum, Wyatt & Riskind, Chicago, Ill., for plaintiff.

John A. Fillion, Gen. Counsel, M. Jay Whitman, Anne M. Trebilcock, Asst. Gen. Counsel, Detroit, Mich., Katz & Friedman, Chicago, Ill., for intervenors-defendants.

Christine O. Cook, Steven D. Baderian, Seth H. Tievsky, Washington, D. C., Samuel K. Skinner, U. S. Atty., Chicago, Ill., for defendant PBGC.

MEMORANDUM OPINION

MAROVITZ, District Judge.

Cross Motions For Summary Judgment

Plaintiff Nachman Corporation ("Nachman"), brought this action against the Pension Benefit Guaranty Corporation ("PBGC"), challenging the PBGC's interpretation of certain provisions of the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1001 et seq. ("ERISA" or "the Act"), and certain regulations issued by the PBGC based upon its interpretation...

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