No. 25A680

MFN Partners, LP, et al. v. New York State Teamsters Conference and Retirement Fund, et al.

Lower Court: Third Circuit
Docketed: 2025-12-09
Status: Application
Type: A
Experienced Counsel
Tags: agency-overreach erisa multiemployer-pension-plans pension-benefit-guaranty-corporation statutory-interpretation withdrawal-liability
Latest Conference: N/A
Question Presented (from Petition)

This document is an application for an extension of time to file a petition for a writ of certiorari, not a petition for certiorari itself. It does not contain a "Question(s) Presented" section in the traditional sense.

However, the document does present two legal questions in paragraph 2, which are the substantive issues the petitioners intend to raise:

Whether the Pension Benefit Guaranty Corporation (PBGC) can—through the auspices of imposing "reasonable conditions" on multiemployer pension plans (MEPPs) under 29 U.S.C. § 1432(m)(1)—direct MEPPs to exclude certain plan assets from the unfunded-vested-benefits formula in 29 U.S.C. § 1393(c) when calculating an employer's withdrawal liability, even though that statutory formula expressly includes plan assets as an input.

Whether MEPPs can calculate a withdrawing employer's allocable unfunded vested benefits and annual withdrawal-liability payments through methods that deviate from statutory requirements without obtaining the PBGC's approval.

Question Presented (AI Summary)

Whether the Pension Benefit Guaranty Corporation can impose 'reasonable conditions' on multiemployer pension plans that deviate from the express statutory formula for calculating withdrawal liability under ERISA

Docket Entries

2026-01-08
Application (25A680) granted by Justice Alito extending the time to file until February 13, 2026.
2026-01-02
Application (25A680) to extend further the time from January 14, 2026 to February 13, 2026, submitted to Justice Alito.
2025-12-10
Application (25A680) granted by Justice Alito extending the time to file until January 14, 2026.
2025-12-05
Application (25A680) to extend the time to file a petition for a writ of certiorari from December 15, 2025 to February 13, 2026, submitted to Justice Alito.

Attorneys

MFN Partners, LP, et al.
Derek L. ShafferQuinn Emanuel Urquhart & Sullivan, LLP, Petitioner