Second Circuit decision results in significant nondischargeable debt as a result of new PBGC claims arising from pension plan termination in Chapter 11

Date

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Location
USA
Authors
Nicholas J. Brannick
Firm
Squire Patton Boggs
Tags
USA
Employee Benefits & Pensions
Insolvency & Restructuring
Litigation
Squire Patton Boggs
Bankruptcy
Employee Retirement Income Security Act 1974 (USA)
Debtor
Consumer protection
Unsecured debt
Debt
Defined benefit pension plan
Bankruptcy discharge
Title 11 of the US Code
US Congress
Pension Benefit Guaranty Corporation
United Airlines
Second Circuit
United States bankruptcy court