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WARNER-LAMBERT CO. v. UNITED RETAIL & WHOLESALE

Nos. 83-1676, 83-1682.

791 F.2d 283 (1986)

WARNER-LAMBERT CO., INC. Appellant in No. 83-1682, v. UNITED RETAIL AND WHOLESALE EMPLOYEE'S TEAMSTER LOCAL NO. 115 PENSION PLAN, Appellant in No. 83-1676.

United States Court of Appeals, Third Circuit.

Decided May 30, 1986.

Attorney(s) appearing for the Case

Jacob P. Hart (argued), Schnader, Harrison, Segal & Lewis, Philadelphia, Pa., for Warner-Lambert.

Terence G. Craig (argued), David F. Flower, Baruch A. Fellner, Washington, D.C., for amicus curiae, Pension Ben. Guar. Corp.

Paula R. Markowitz (argued), Richard H. Markowitz, Markowitz & Richman, Philadelphia, Pa., for Local No. 115 Pension Plan.

Before SEITZ and HIGGINBOTHAM, Circuit Judges, and WEBER, District Judge.

OPINION OF THE COURT

A. LEON HIGGINBOTHAM, Jr., Circuit Judge.

I.

The Multiemployer Pension Plan Amendments Act of 1980 ("MPPAA"), Pub. L. No. 96-364, 1980 U.S.Code Cong. & Ad. News (94 Stat.) 1208 (amending the Employee Retirement Income Security Act ("ERISA"), 29 U.S.C. §§ 1001-1461 (1982)), was enacted out of a concern that ERISA did not adequately protect multiemployer pension plans from the adverse consequences that result when...

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