June 23, 2026
Trustees of a Teamsters-affiliated pension fund have reached a partial settlement in a lawsuit over a more than $1.8 million reallocation liability assessment against a defunct transit company, asking a New York federal court to pause claims against the settling defendants while they secure financing and make payment.
June 10, 2026
A now-defunct transit company can't toss claims that it owes a Teamsters-affiliated pension fund $1.8 million in reallocation payments after the fund saw a mass withdrawal, a New York federal judge ruled, stating it's too early in the case to determine whether its insolvency blocks the bill.