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DelGROSSO v. SPANG AND CO.

Civ. A. Nos. 82-2672, 89-1680.

776 F.Supp. 1065 (1991)

Matthew A. DelGROSSO, et al., Plaintiffs, v. SPANG and COMPANY, Defendant. Franklin DiFRANCESCO and Barry K. Racz, Plaintiffs, v. SPANG and COMPANY, Defendant.

United States District Court, W.D. Pennsylvania.

August 19, 1991.

Attorney(s) appearing for the Case

Daniel P. McIntyre, United Steelworkers of America, Kathryn Simpson, Pittsburgh, Pa., William T. Payne, Los Angeles, Cal., for plaintiffs.

Hollis Hurd, Kevin Lucas, James Morton, Pittsburgh, Pa., for defendant.

Dale Grant, New York City, for administrator.

John J. Kearns, III, Pittsburgh, Pa., for vested participants.

MEMORANDUM OPINION

BLOCH, District Judge.

Presently before the Court is plaintiffs' Motion to Distribute Surplus. For the reasons stated hereafter, this Court finds that an independent plan administrator shall be appointed to terminate the Pension Plan of the Ferroslag Division of Spang and Company (the Plan).1 Additionally, the administrative expenses incurred by the independent administrator shall be paid by Spang.

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