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Withdrawal Liability Claim Against Barbados Subsidiary Revived
Blogging Employee Benefits Mar. 14, 2006
Excerpt: Central States, Southeast and Southwest Areas Pension Fund is permitted to conduct discovery regarding general personal jurisdiction over a Barbados subsidiary of a bankrupt U.S. corporation that withdrew from the pension fund without making withdrawal liability payments required by ERISA, according to a 7th Circuit decision reversing a district court ruling.
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