"[T]he Second Circuit resolved a significant statutory interpretation dispute under ERISA's Multiemployer Pension Plan Amendments Act (MPPAA), holding that a pension fund may not 'double count' transferred assets when calculating withdrawal liability following a certified change in collective bargaining representative.... [T]he Court concluded that the employer's withdrawal liability must be reduced by the full amount of liabilities transferred to the new plan minus the assets transferred -- not by a formula that effectively subtracts assets twice." [Mar-Can Transportation Co., Inc. v. Loc. 854 Pension Fund, No. 24-1431 (2d Cir. Feb. 18, 2026)]  MORE >>