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Employer Has No Claim Against Multiemployer Trustees for Mismanagement
Seyfarth Shaw LLP Link to more items from this source
Sept. 1, 2014
"[A] key issue that led to the MPPAA was the problem of employer withdrawals, and how rising costs as a result of the diminished contribution base caused by withdrawals forced further withdrawals that could lead to the demise of pension plans. Granting employers the ability -- as any other interested party -- to sue in court to ensure plans are well-managed will improve the stability of those plans and eliminate the need for employers to withdraw." [DiGeronimo Aggregates v. Zemla, No. 13-4389 (6th Cir. Aug 14, 2014)]

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