5th Circ. Grounds Continental Retirees' ERISA Claims

Law360, New York (January 31, 2012, 4:34 PM EST) -- The Fifth Circuit on Tuesday upheld the dismissal of a putative class action launched by former Continental Airlines Inc. pilots who said their employer had breached the terms of their pension plans under the Employee Retirement Income Security Act, finding the court lacked jurisdiction.

In a published opinion, a three-judge panel upheld a Texas federal court's decision that the Railway Labor Act, which mandates compulsory arbitration procedures, applies to the retirees' claims despite the former pilots' arguments that they are no longer employees and that the...
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