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PENSION BENEFIT GUARANTY CORP. v. THE RENCO GROUP, INC.

No. 13-cv-621 (RJS).

PENSION BENEFIT GUARANTY CORP., Plaintiff, v. THE RENCO GROUP, INC., et al., Defendants.

United States District Court, S.D. New York.

March 5, 2015.

Attorney(s) appearing for the Case

Pension Benefit Guaranty Corporation, Plaintiff, represented by Colin Albaugh , Pension Benefit Guaranty Corporation, John A. Menke , Pension Benefit Guaranty Corp., Louisa Antonia Fennell , Curtis, Mallet-Prevost, Colt & Mosle LLP, Joseph Andrew Boyle , Kelley Drye & Warren, LLP, Karen Leslie Morris , Pension Benefit Guaranty Corp., Merrill Stone , Kelley Drye & Warren LLP, Nainesh Ramjee , Kelley Drye & Warren LLP & Sarah Layfield Reid , Kelley Drye & Warren, LLP.

The Renco Group, Inc., Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

Ilshar Capital LLC, Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

Blue Turtles, Inc., Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

Unarco Material Handling, Inc., Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

Inteva Products LLC, Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

The Doe Run Resources Corporation, Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

US Magnesium LLC, Defendant, represented by Bradley Randall Bobroff , Proskauer Rose LLP, Kevin James Perra , Proskauer Rose LLP, Myron D. Rumeld , Proskauer Rose LLP, Jonathan M. Hoff , Cadwalader, Wickersham & Taft LLP & Joshua Reid Weiss , Cadwalader, Wickersham & Taft LLP.

OPINION AND ORDER

Plaintiff Pension Benefit Guaranty Corp. ("PBGC") brings this action against the Renco Group, Inc. ("Renco") and other related entities (collectively. "Defendants"), alleging liability under the Employee Retirement Income Security Act of 1974, Pub. L. No. 93-406, 88 Stat. 829 ("ERISA...

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