Pension Benefit Guaranty Co. v. Ward Technical Products, Inc

Good Law
United States District Court, Eastern District of CaliforniaDecember 27, 20242:22-cv-02312California2,748 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA 10 PENSION BENEFIT GUARANTY No. 2:22-cv-2312-DAD-SCR

CORPORATION,

12 Plaintiff, FINDINGS AND RECOMMENDATIONS v. WARD TECHNICAL PRODUCTS, INC., as administrator of the SPI Control Systems Pension Plan, 17 Defendant. 18 19 Pursuant to to Local Rule 302(c)(19), Plaintiff Pension Benefit Guaranty Corporation’s (“Plaintiff” or “PBGC”) motion for a default judgment (ECF No. 13) was heard by Magistrate Judge Barnes on December 22, 2023. No appearance was made by Defendant or on its behalf. The motion remained undecided when this matter was reassigned to the undersigned on August 6, 2024 (ECF No. 18). The undersigned hereby recommends that the motion be granted. BACKGROUND Plaintiff initiated this action on December 29, 2022. ECF No. 1. Plaintiff brings this action under Title IV of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §§ 1301-1461. Plaintiff seeks an order: 1) terminating the SPI…

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