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I.A.M. NAT. PENSION FUND v. DRAVO CORP.

Civ. A. No. 85-0778.

641 F.Supp. 50 (1985)

I.A.M. NATIONAL PENSION FUND BENEFIT PLAN A, et al., Plaintiffs, v. DRAVO CORPORATION, Defendant.

United States District Court, District of Columbia.

As Amended October 31 and December 9, 1985.

On Motions for Reconsideration and to Vacate January 27, 1986.

On Motion to Vacate Arbitration Award June 20, 1986.

Attorney(s) appearing for the Case

Robert T. Osgood, Joseph P. Martocci, Jr., Washington, D.C., for plaintiffs.

Richard R. Riese, Lee H. Pelton, Thorp, Reed & Armstrong, Washington, D.C., for defendant.

OBERDORFER, District Judge.

I.

Plaintiff, I.A.M. National Pension Fund Benefit Plan A ("the Plan"),1 is a "multiemployer pension plan" as defined by 29 U.S.C. § 1002(37). Defendant, Dravo Corporation, is an employer which contributed to the Plan from 1969 to 1982 for the account of its employees at a fabricating division in Hastings, Nebraska. On April 27, 1982, Dravo agreed to and did sell the assets of that division to...

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