December 09, 2019
A Florida federal judge on Friday ordered a coalition of businesses linked to a now-defunct company that took years to terminate its pension plan after it closed shop to pay $6.22 million in damages to the Pension Benefit Guaranty Corp.
November 25, 2019
A Florida federal judge has said the Pension Benefit Guaranty Corp. can pursue payment from a coalition of businesses linked to a now-defunct company that took years to finally terminate its pension plan after it closed shop, even though the judge noted the shuttered company was the plan's sole contributing sponsor.