Aloha Trustee Seeks To End Union Pension Plan

Law360, New York (June 6, 2008, 12:00 AM EDT) -- The U.S. trustee overseeing Aloha Airlines Inc.'s Chapter 7 bankruptcy case has asked the court to let the company sever its pension plan with one of its unions, so that the U.S. Pension Benefit Guarantee Corporation can take over the union's benefits.

In a motion filed in the U.S. Bankruptcy Court for the District of Hawaii, U.S. Trustee Dane Field asked the court to grant Aloha a distress termination of its defined benefit plan for its workers represented by the Transport Workers Union.

“Distress termination of...
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