LIVELY, Circuit Judge.
This is an appeal from summary judgment for the defendants in a consolidated action seeking damages for claimed violations of the Employee Retirement Income Security Act, 29 U.S.C. § 1001 et seq. (1982) (ERISA) and pendent state law claims.
I.
A.
In 1984, Tenneco, Inc. sold the assets of its wholly-owned subsidiary, Petro-Tex Chemical Corp., to an unrelated entity, Texas Petrochemicals, Inc. Some Petro-Tex employees...
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