M & K Employee Solutions, Inc. v. Trustees of IAM Nat. Pension · ¶26
The Fund sought review of the arbitral awards in Federal District Court. Three of the actions were consolidated, while the fourth proceeded separately. In both cases, the District Courts disagreed with the arbitrators, holding that actuaries could use assumptions adopted after the measurement date to calculate withdrawal liability. 2022 WL 4534998, *11 (D DC, Sept. 28, 2022); Trustees of the IAM Nat. Pension Fund v. Ohio Magnetics, Inc., 656 F. Supp. 3d 112, 136–137 (DC 2023).Read in context ›
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