Ex-Delta Worker Appeals Subordination Of ERISA Claim

Law360, New York (January 27, 2010, 3:01 PM EST) -- A former Delta Air Lines Inc. employee has challenged a bankruptcy judge’s decision to subordinate a $100 million class claim against the airline, contending that claims related to the alleged mismanagement of Delta's retirement savings plan deserve priority treatment.

Dennis Smith, a participant in the Delta family care savings plan and would-be representative of a class of Delta employees, urged the U.S. District Court for the Southern District of New York on Tuesday to correct the bankruptcy court and reinstate the claim for damages arising from...
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