United States Sixth Circuit

"Prudent investor rate" is an appropriate valuation tool for a claim involving unfunded pension benefit liabilities in the bankruptcy context. Claim for missed minimum funding contributions lacks section 507(a)(7) "tax" status where lien has not been imposed under 26 USC 412(n)(4), because of the automatic stay.

Appellate Information

• Decided 11/17/2000
• Published 11/17/2000

Judges

• Before:  JONES, RYAN, and CLAY, Circuit Judges.

Court

• United States Sixth Circuit

Counsel

• For Appellant:
  
• Israel Goldowitz (argued and briefed), William G. Beyer, James J. Keightley, Susan E. Birenbaum, Kenneth J. Cooper (briefed), Pension Benefit Guaranty Corporation, Office of the General Counsel, Washington, D.C., for Appellant.


• For Appellees:
  
• Marc B. Merklin (argued and briefed), Joseph F. Hutchinson, Jr., Clair E. Dickinson (briefed), Brouse & McDowell, Akron, Ohio, for Appellee.