By Kellie Mejdrich (July 11, 2022, 6:46 PM EDT) — A New Jersey federal judge on Monday denied a painting company’s motion to stay withdrawal liability payments to a pension fund as it litigates a dispute over how much is owed, saying the company didn’t present adequate evidence to grant the injunction.
U.S. District Judge Peter G. Sheridan said in a memorandum and order that the International Painters and Allied Trades Industry Pension Fund had a right to pursue the remaining $194,000 in withdrawal liability that Allied Painting & Decorating Inc. owes, pointing to Third Circuit precedent. The company requested a pause on the payments as part of a broader Employee Retirement…
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