2nd Circuit Affirms $13M Ruling For Multiemployer Fund In Withdrawal Liability Row

(April 18, 2024, 2:42 PM EDT) -- NEW YORK — In a per curiam opinion upholding confirmation of a roughly $13 million award, a Second Circuit U.S. Court of Appeals panel agreed with an arbitrator that the appellant’s predecessor “was not operating in the business and construction industry” and so didn’t quality for an exemption from withdrawal liability under part of the Employee Retirement Income Security Act....