D.C. Circuit Affirms Ruling For PBGC In Lump Sum Denial Suit

Mealey's (April 22, 2021, 1:38 PM EDT) -- WASHINGTON, D.C. — A District of Columbia Circuit U.S. Court Appeals panel on April 20 affirmed a trial court’s second summary judgment ruling for the Pension Benefit Guaranty Corp. (PBGC) in a case by a former executive seeking a lump-sum pension plan payment, finding that the executive’s challenges of the reconsideration lacked merit....