EAGAR v. SAVANNAH FOODS & INDUSTRIES, INC.

No. CV 83-P-2492-S.

605 F.Supp. 415 (1984)

D.M. EAGAR, et al., Plaintiffs, v. SAVANNAH FOODS & INDUSTRIES, INC., et al., Defendants.

United States District Court, N.D. Alabama, S.D.

On Motions for Final Judgment or Interlocutory Appeal October 9, 1984.


Attorney(s) appearing for the Case

Charles Cleveland; Terrill W. Sanders, Birmingham, Ala., for plaintiffs.

Ralph B. Tate; Mark S. Boardman, Stephen E. Brown, James Walker May, M. Christian King, Birmingham, Ala., for defendants.


Memorandum of Opinion

POINTER, Chief Judge.

This case concerns the complete termination of a defined benefit pension plan. Plaintiffs, participants in the Jim Dandy Company Retirement Plan for Non-Union Employees (the Plan), seek under § 502(a)(1)(B) of the Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. § 1132(a)(1)(B), to recover lump sum payments in satisfaction of their vested and nonforfeitable right to an accrued benefit...

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