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PENSION BEN. GUAR. CORP. v. UNITED AIR LINES, INC.

No. 06 C 1222.

436 F.Supp.2d 909 (2006)

PENSION BENEFIT GUARANTY CORPORATION, Plaintiff, v. UNITED AIR LINES, INC., as Plan Administrator for the United Airlines Pilot Defined Benefit Pension Plan, Defendant, and Air Line Pilots Association, International, United Retired Pilots Benefit Protection Association, Roger D. Hall, Dennis D. Dillon, Gerard Terstiege, Eugene M. Cummings, Raymond P. Fink, James M. Krasno and William L. Rutherford, Intervenors.

United States District Court, N.D. Illinois, Eastern Division.

June 13, 2006.

Attorney(s) appearing for the Case

Paula Connelly, Jeffrey B. Cohen, Nancy Heermans, Shannon L. Novey, Washington, DC, Christopher Todd Sheean, Wildman Harrold Allen & Dixon LLP, Matthew Charles Luzadder, Kelley, Drye & Warren, Chicago, IL, for Plaintiff.

Chad John Husnick, David Richard Seligman, James J. Mazza, Jr., James Howard Mandell Sprayregen, Michael B. Slade, Kirkland & Ellis LLP, Chicago, IL, for Defendant.

Jack J. Carriglio, Eric E. Newman, James Gregory Argionis, Jennifer Jean Pomaranski, Meckler Bulger & Tilson LLP, Chicago, IL, Frank Cummings, Lebeoeuf, Lamb, Greene & MacRae, LL, Washington, DC, Babette A. Ceccotti, Zachary N. Leeds, Cohen, Weiss and Simon LLP, New York, NY, for Intervenors.

MEMORANDUM OPINION AND ORDER

LEFKOW, District Judge.

This case arises from the decision of the Pension Benefit Guarantee Corporation ("PBGC") to seek a judicial decree authorizing the involuntary termination of a pension plan sponsored by United Airlines, Inc. ("United"). The court referred this matter to the bankruptcy court, where United's Chapter 11 bankruptcy was pending in front of the Honorable Eugene R. Wedoff. Following a trial, this matter...

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