US Airways Pilots Lose ERISA Appeal in DC Circuit

Law360, New York (November 1, 2013, 4:03 PM EDT) -- The D.C. Circuit on Friday rejected an appeal brought by former US Airways pilots alleging the Pension Benefit Guaranty Corp. had illegally cut their benefits short after the airliner went bankrupt in 2002, finding the pilots had supported only five of their nine claims, and that those five claims fell short.

The appeals court upheld a district court’s granting of summary judgment to the PBGC on the five counts not forfeited, writing that the pilots had failed to provide relevant arguments to support their claims in...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Thomas Davis, et al v. PBGC


Case Number

12-5274

Court

Appellate - DC Circuit

Nature of Suit

2791 Employee Retirement

Date Filed

August 30, 2012

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.