IN RE U.S. AIRWAYS GROUP, INC.

No. 02-83984-SSM.

303 B.R. 784 (2003)

In re US AIRWAYS GROUP, INC., et al., Debtors.

United States District Court, E.D. Virginia, Alexandria Division.

December 29, 2003.


Attorney(s) appearing for the Case

John K. Lyons, John Wm. Butler, Jr., Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, Lawrence E. Rifken, J. Eric Crupi, James H. Lister, McGuireWoods LLP, McLean, VA, Alexander Williamson Powell, Jr., David E. Carney, Skadden, Arps, Slate, Meagher & Flom, Washington, DC, Daniel F. Blanks, Douglas M. Foley, McGuireWoods LLP, Norfolk, VA, John H. Maddock III, Joseph S. Sheerin, Sarah Beckett Boehm, McGuire Woods LLP, Richmond, VA, Michael Arthur Umayam, Fried, Frank, Harris, Shriver & Jacobson, Washington, DC, for U.S. Airways Group, Inc.

Dennis J. Early, Office of the U.S. Trustee, Alexandria, VA, U.S. Trustee.

Scott L. Hazan, Brett H. Miller, Otterbourg Steindler Houston & Rosen PC, New York City, Byron L. Pickard, Malcolm M. Mitchell, Jr., Vorys, Sater, Seymour and Pease LLP, Alexandria, VA, for Official Committee of Unsecured Creditors Creditor Committee.


MEMORANDUM OPINION

STEPHEN S. MITCHELL, Bankruptcy Judge.

Before the court are the objections of the reorganized debtors and the post-confirmation creditors committee to the $2.084 billion claim of the Pension Benefit Guaranty Corporation ("PBGC").1 The claim arises from the termination of the defined-benefit pension plan for the pilots of U.S. Airways, Inc. ("US Airways"). As a result of the termination, the liabilities of the...

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