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PBGC Blasts Pilots' Fiduciary Breach Claims At DC Circ.

Law360, Washington (November 16, 2017, 9:03 PM EST) -- The Pension Benefit Guaranty Corp. asked a D.C. Circuit panel Thursday to quash a breach of fiduciary duty claim from former Delta Air Lines Inc. pilots who say the government agency intentionally miscalculated their benefits when it took on their pension commitments as part of the airline’s 2016 bankruptcy.

PBGC has said that allowing the group of roughly 1,700 pilots to pursue their fiduciary breach claims, as part of a larger benefits dispute moving forward in D.C. federal court, would subject the agency to a discovery and...
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Case Information

Case Title

K. Lewis v. PBGC


Case Number

17-5068

Court

Appellate - DC Circuit

Nature of Suit

2791 Employee Retirement

Date Filed

April 12, 2017

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Companies

Government Agencies

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