7th Circuit: Multiemployer Plan Withdrawal Claims Expired In 2014

Mealey's (August 23, 2019, 7:46 AM EDT) -- CHICAGO — An initial complaint filed by the trustees of a multiemployer pension plan in 2008 after employers stopped making payments for withdrawal liability accelerated the withdrawal liability and started the clock, a Seventh Circuit U.S. Court of Appeals panel ruled Aug. 13, rejecting a 2018 complaint filed after payments stopped again as time-barred after determining that there is no deceleration under the Multiemployer Pension Plan Amendments Act (MPPAA) (Kenneth J. Bauwens, et al. v. Revcon Technology Group, Inc., et al., No. 18-3306, 7th Cir., 2019 U.S. App. LEXIS 24066)....