No. 97-7155.

159 F.3d 1376 (1998)

SYSTEMS COUNCIL EM-3, International Brotherhood of Electrical Workers, AFL-CIO, et al., Appellants, v. AT&T CORPORATION, et al., Appellees,

United States Court of Appeals, District of Columbia Circuit.

Decided November 24, 1998.

Attorney(s) appearing for the Case

Kent Cprek argued the cause for appellants. With him on the briefs were Richard B. Sigmond and Thomas H. Kohn.

Joseph R. Guerra argued the cause for appellees. With him on the brief were Paul J. Zidlicky, Laura A. Kaster, T. Jay Thompson, Robert N. Eccles, Peter O. Shinevar and Karen M. Wahle.

Michael S. Horne, John M. Vine and Caroline M. Brown were on the brief for amicus curiae Erisa Industry Committee.

Before: EDWARDS, Chief Judge, ROGERS and TATEL, Circuit Judges.

Opinion for the Court filed by Chief Judge EDWARDS.

EDWARDS, Chief Judge:

In 1995, pursuant to a corporate reorganization, AT&T Corporation ("AT&T") transferred its equipment business to Lucent Technologies, Inc. ("Lucent"). AT&T and Lucent subsequently entered into arrangements to separate their businesses; one such arrangement was embodied in an Employee Benefits Agreement ("EBA"). Under the EBA, AT&T amended its pension and welfare plans...

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