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CHAIT v. BERNSTEIN

Civ. A. No. 85-2090.

645 F.Supp. 1092 (1986)

Arnold CHAIT, et al., Plaintiffs, v. George K. BERNSTEIN, Defendant.

United States District Court, D. New Jersey.

September 8, 1986.

Attorney(s) appearing for the Case

Neal F. Healy, West Caldwell, N.J., for plaintiffs.

Richard Whitney, Jones, Day, Reaves & Pogue, Cleveland, Ohio, for defendant.

HAROLD A. ACKERMAN, District Judge.

This suit was filed in May of 1985 by Arnold Chait, acting in his alleged capacity as trustee of the employee pension plan of Ambassador Insurance Company (hereinafter "Ambassador" or "the Company"). In his verified complaint, Mr. Chait has accused the Defendant George K. Bernstein of violating the federal Employees Retirement Income Security Act of 1974 (ERISA), primarily by seeking to terminate the pension plan in a manner which...

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