John L. Connolly v. Pension Benefit Guaranty Corporation

673 F.2d 1110 3 Employee Benefits Ca 1341 John L. CONNOLLY, C. V. Holder, Howard C. Dennis, John C. Maxwell, James J. Kirst, C. William Burke, Kenneth J. Bourguignon, Joseph H. Seymour, Richard L. Corbit, Harold Edwards, Donald E. Nier, William C. Waggoner, Richard Gannon and Alfred Harrison, each in his respective capacity as Trustee of the Operating Engineers Pension Trust, Plaintiffs-Appellants, v. PENSION BENEFIT GUARANTY CORPORATION, a non-profit corporation established within the Department of Labor of the United States of America, Defendant-Appellee. No. 81-5361. United States Court of Appeals, Ninth Circuit. Argued and Submitted March 5, 1982. Decided April 9, 1982. Wayne Jett, Jett, Clifford & Laquer, Los Angeles, Cal., for plaintiffs-appellants. James N. Dulcan, Asst. Gen. Counsel, Washington, D.C., for defendant-appellee. Appeal from the United States District Court for the Central District of California. Before WRIGHT, ALARCON and REINHARDT, Circuit Judges. ALARCON, Circuit Judge: 1 Members of the Board of Trustees (Trustees) of the Operating Engineer's Pension Trust (Trust), filed a complaint in the district court on June 17, 1975, seeking declaratory judgment,…