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NATIONAL SHOPMEN PENSION FUND v. FOLGER ADAM SEC.

Civ.A. No. 2001-1808(RMU).

274 B.R. 1 (2002)

NATIONAL SHOPMEN PENSION FUND et al., Plaintiffs, v. FOLGER ADAM SECURITY, INC., Defendant.

United States District Court, District of Columbia.

February 12, 2002.

Attorney(s) appearing for the Case

Marc A. Tenenbaum, Slevin & Hart, P.C., Washington, DC, for plaintiffs.

David A. Wilson, Hale & Dorr, Washington, DC, for defendant.

MEMORANDUM OPINION

URBINA, District Judge.

GRANTING THE DEFENDANT'S MOTION TO STAY PROCEEDINGS

I. INTRODUCTION

This case arises from a complaint filed by the National Shopmen's Pension Fund and its trustees ("the plaintiffs") alleging that Folger Adam Security, Inc. ("the defendant") assumed the pension fund withdrawal liabilities of three bankrupt companies when it purchased the assets of those companies. The defendant argues...

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