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SANTA FE PACIFIC, CORP. v. CENTRAL STATES PENSION FUND

Nos. 93-2736, 93-2899.

22 F.3d 725 (1994)

SANTA FE PACIFIC CORPORATION, Plaintiff-Appellee, v. CENTRAL STATES, SOUTHEAST AND SOUTHWEST AREAS PENSION FUND, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided April 22, 1994.

Rehearing and Suggeation for Rehearing Denied June 10, 1994.

Attorney(s) appearing for the Case

David C. Gustman (argued), Weston W. Marsh, Harry L. DeLung, Jr. and Kenneth K. Dort, Freeborn & Peters, Chicago, IL, for plaintiff-appellee.

Terence G. Craig, Thomas C. Nyhan, James D. O'Connell, James P. Condon (argued) and Bruce L. Perlin, Central States, Southeast & Southwest Area Pension Fund, Law Dept., Rosemont, IL, for defendant-appellant.

Before POSNER, Chief Judge, and ESCHBACH and KANNE, Circuit Judges.

Rehearing and Suggeation for Rehearing En Banc Denied June 10, 1994*.

POSNER, Chief Judge.

Under the Multiemployer Pension Plan Amendments Act of 1980, an employer that withdraws from a multiemployer pension plan can be forced to pay the plan a sum approximating the vested but unfunded benefits of the employer's employees. 29 U.S.C. §§ 1381 et seq. The purpose of this "withdrawal liability," which is enforceable...

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