PBGC Incorrectly Nixed Pilot Benefits, DC Circ. Hears
By Brian Mahoney
Law360, Washington (September 10, 2013, 3:55 PM EDT) -- A group of retired U.S. Airways Inc. pilots asked the D.C. Circuit on Tuesday to restore benefits terminated by the Pension Benefit Guaranty Corp. after the airline went bankrupt in 2002, saying the court should give less deference to the agency's decision-making when it is acting as a trustee.
The pilots’ attorney, Anthony F. Shelley, said the PBGC was not necessarily entitled to deference under the U.S. Supreme Court’s guidance on when to accede to an agency’s interpretation of a statute that it administers, as laid...