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TEAMSTERS PENSION TRUST FUND v. LAIDLAW INDUSTRIES

Civ. A. No. 86-470 LON.

745 F.Supp. 1016 (1990)

TEAMSTERS PENSION TRUST FUND OF PHILADELPHIA AND VICINITY, et al., Plaintiffs, v. LAIDLAW INDUSTRIES, INC., a Delaware Corporation, et al., Defendants.

United States District Court, D. Delaware.

August 6, 1990.

Attorney(s) appearing for the Case

David C. McBride, Barry M. Willoughby and Timothy J. Snyder, of Young, Conaway, Stargatt & Taylor, Wilmington, Del., for plaintiffs.

Lawrence A. Hamermesh and Palmer Whisenant, of Morris, Nichols, Arsht & Tunnell, Wilmington, Del. (Ronald H. Surkin, Andrea B. Wapner and Peter A. Gold, of Blank, Rome, Comisky & McCauley, Philadelphia, Pa., of counsel), for defendants.

OPINION

LONGOBARDI, Chief Judge.

I. OVERVIEW

This action was brought by four multiemployer pension funds, for inter alia, the collection of withdrawal liability from the Defendant Laidlaw Transportation, Ltd. ("Laidlaw, Ltd.") and all the corporations under common control with Laidlaw, Ltd. (collectively referred to as the "Defendants"). The Plaintiff pension funds are: The New York State Teamsters Conference Pension & Retirement Fund...

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