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Mining Co. Fights $115M Pension Plan Withdrawal Penalty

By Hannah Albarazi ( December 7, 2020, 5:42 PM EST) -- A union pension plan's arbitration award upholding a $115 million withdrawal liability penalty against a PacifiCorp subsidiary relies upon a flawed reading of federal law and U.S. Supreme Court precedent, the mining company told the D.C. Circuit on Friday, arguing "inconsistent assumptions" unlawfully inflated its withdrawal liability....

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