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IN RE UAL CORP. (PILOTS' PENSION PLAN TERMINATION)

Nos. 06-1867, 06-2843, 06-2662, 06-2714.

468 F.3d 444 (2006)

In the Matter of UAL CORPORATION (PILOTS' PENSION PLAN TERMINATION). Appeals of: United Airlines, Inc.; Pension Benefit Guaranty Corporation; Air Line Pilots Association, International; and United Retired Pilots Benefit Protection Association, et al.

United States Court of Appeals, Seventh Circuit.

Decided October 25, 2006.

Rehearing Denied November 13, 2006.

Attorney(s) appearing for the Case

David R. Seligman (argued), James J. Mazza, Jr., Kirkland & Ellis, Chicago, IL, for Appellant.

Jack J. Carriglio, Eric E. Newman, Meckler, Bulger & Tilson, Chicago, IL, for United Retired Pilots Benefits Protection Association, et al.

Babette A. Ceccotti (argued), Cohen, Weiss & Simon, New York, NY, for Appellee, Air Line Pilots Association, International.

Matthew C. Luzadder, Kelley, Drye & Warren, Chicago, IL, Jeffrey B. Cohen (argued), Paula Connelly, Pension Benefit Guaranty Corporation, Office of the General Counsel, Washington, DC, for Pension Benefit Guaranty Corporation.

Chad J. Husnick, Kirkland & Ellis, Chicago, IL, for United Airlines, Incorporated.

Before BAUER, POSNER, and EASTERBROOK, Circuit Judges.

EASTERBROOK, Circuit Judge.

Earlier this year we held that United Airlines and its unionized pilots had reached a valid bargain in which the pilots' union, in order to improve United's chance of successful reorganization in bankruptcy, agreed not to oppose its termination of its defined-benefit pension plan. In re UAL Corp. (URPBPA), 443 F.3d 565 (7th Cir. 2006) (URPBPA I). In exchange for their acquiescence, the active...

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