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GODCHAUX v. CONVEYING TECHNIQUES, INC.

No. 87-3398.

846 F.2d 306 (1988)

Walter GODCHAUX, Jr., Plaintiff-Appellee, v. CONVEYING TECHNIQUES, INC., Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

June 6, 1988.

Attorney(s) appearing for the Case

Robert B. Bieck, Jr., Richard J. Tyler, Jones, Walker, Waechter, Poitevent, Carrere & Denegre, New Orleans, La., for defendant-appellant.

Marian Mayer Berkett, Deutsch, Kerrigan & Stiles, New Orleans, La., for plaintiff-appellee.

Before GARZA, HIGGINBOTHAM and SMITH, Circuit Judges.

JERRY E. SMITH, Circuit Judge:

Plaintiff Walter Godchaux, Jr., sold his Louisiana manufacturing business, Nadustco, to Conveying Techniques, Inc. ("CTI"), on December 30, 1982. One year later, on December 31, 1983, CTI withdrew Nadustco from Nadustco's union-negotiated, multiemployer pension plan. By a letter dated May 15, 1984, counsel for the pension plan informed CTI that Nadustco had incurred a $225,753 "withdrawal liability...

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