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IN RE GRAY-GRIMES TOOL CO., INC. PENSION PLAN

Civ. A. No. 80-60058.

546 F.Supp. 102 (1982)

In re GRAY-GRIMES TOOL COMPANY, INC. PENSION PLAN. PENSION BENEFIT GUARANTY CORPORATION, Applicant, v. GRAY-GRIMES TOOL COMPANY, INC., Elway P. Gray, Individually, as President, Director, and Sole Shareholder of Gray Grimes Tool Company, Inc., and Doing Business As: Last Word Sales Company, Respondents.

United States District Court, E. D. Michigan, S. D.

July 15, 1982.

Attorney(s) appearing for the Case

Henry Rose, James N. Dulcan, Lois E. Bruckner, Jeanne E. Loar, Pension Ben. Guar. Corp., Washington, D. C., for applicant.

Phillip B. Maxwell, Birmingham, Mich., for respondents.

MEMORANDUM OPINION AND ORDER

JOINER, District Judge.

This action arises under Title IV of the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1301 et seq. (1976) ("ERISA") (amended by the Multiemployer Pension Plan Amendments Act of 1980, Pub.L.No.96-364, 94 Stat. 1208). The case is now before the court on cross-motions for summary judgment. For the reasons given below, the motion of the applicant Pension Benefit Guaranty...

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