District Court, W.D. Michigan October 25, 1994, 1:92-CV-859 (Pension Benefit Guaranty Corp. v. J.D. Industries, Inc.)

OPINION

ROBERT HOLMES BELL, District Judge.

In this case, the Pension Benefit Guaranty Corporation (PBGC) seeks to recover a principal amount of $408,198.00 plus interest pursuant to 29 U.S.C. §§ 1362 and 1368 as a result of an unfunded pension plan (Plan) of Century Boat, Inc. (Century), which corporation PBGC alleges was “under common control” of Defendants.