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Illinois Federal Court Holds that a Pension Rehabilitation Plan Fund Used an Improper High-Contribution Rate in Withdrawal Liability Calculations | Littler

On March 29, 2024, the U.S. District Court for the Northern District of Illinois issued its decision in Central States, Southeast and Southwest Areas Pension Fund v. Event Media, Inc..

PBGC Says Central States Will Reimburse SFA Overpayment

Central States is currently working with the DOJ to negotiate the repayment of a $127 million overpayment from the PBGC.

PBGC Responds to House Republicans' Subpoena on Central States' Overpayment

According to the PBGC, the DOJ is working with Central States to secure the repayment.

Yellow bankruptcy auction raises $1.9 billion for Wall Street

Yellow’s asset auction raised more than enough funds to pay off its nearly $1.6 billion in debt.

Yellow Corp. Shareholders Are Expecting A Significant Recovery - Are They Right?