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Board of Trustees of the Oregon Retail Employees Pension Plan v. Signature Northwest LLC

D. Or.October 7, 2021No. 3:20-cv-02244
Plaintiff WinSignature Northwest LLC$996,803 awarded
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Case Details

Nature of Suit — the legal category of the dispute
Labor: E.R.I.S.A.
Status — whether other courts must follow this ruling
Unknown
Procedural Posture — the stage the case had reached
default judgment
State
Oregon

Related Laws

No specific laws identified for this ruling.

Claim Types

Breach of Contract

Outcome

The court granted the plaintiff's motion for default judgment against Signature Northwest LLC for nonpayment of ERISA withdrawal liability in the amount of $996,803.00, plus accrued interest, liquidated damages, attorney's fees, and costs.

What This Ruling Means

**Court Orders Company to Pay Nearly $1 Million to Workers' Pension Plan** This case involved Signature Northwest LLC, a company that failed to pay required contributions to the Oregon Retail Employees Pension Plan after withdrawing from the plan. Under federal law (ERISA), when employers stop participating in multi-employer pension plans, they must pay "withdrawal liability" – essentially their share of unfunded pension benefits owed to workers. The pension plan's trustees sued Signature Northwest for not paying this required amount. When the company failed to respond to the lawsuit or appear in court, the judge ruled in favor of the pension plan by default judgment. The court ordered Signature Northwest to pay $996,803 in withdrawal liability, plus additional interest, penalties, attorney's fees, and court costs. **Why This Matters for Workers:** This ruling reinforces that employers cannot simply walk away from their pension obligations. When companies participate in multi-employer pension plans, they remain financially responsible for benefits workers have earned, even after leaving the plan. The court's decision helps protect workers' retirement security by ensuring pension plans can collect what employers owe, preserving funds needed to pay current and future retirees their promised benefits.

This summary was generated to explain the ruling in plain English and is not legal advice.

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This ruling information is sourced from public court records via CourtListener.com. Case outcomes, claim types, and summaries are extracted using AI analysis and may be incomplete or inaccurate. It is provided for informational and educational purposes only and does not constitute legal advice.

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