Board of Trustees of the Bakery Drivers Local 550 and Industry Pension Fund v. Pension Benefit Guaranty Corporation

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Case Number:

2:23-cv-01595

Court:

New York Eastern

Nature of Suit:

Labor: E.R.I.S.A.

Judge:

Joan M. Azrack

Firms

Government Agencies

  1. August 28, 2025

    PBGC Must Reconsider Bakery Union's $132M Bailout Bid

    The Pension Benefit Guaranty Corp. must formally reexamine whether union bakery drivers can collect $132 million from a federal pension rescue program, a New York federal judge said Thursday after lifting a stay on the order following the Second Circuit's decision to reject the agency's rehearing bid.

  2. October 27, 2023

    Bakery Pension Fund Loses Bid For $132M PBGC Rescue

    A New York federal judge sided with the Pension Benefit Guaranty Corp. in a lawsuit from trustees of a pension fund for union bakery drivers seeking $130 million in financial assistance from a massive pension rescue program Congress passed in 2021, finding the PBGC's denial wasn't erroneous.