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Independent Fiduciary Services Inc. has rejected United Air Lines Inc.'s bid to cut pension payments by issuing a demand of its own: Pay up. The IFS, which was appointed to represent nearly 95,000 United workers, has asked the U.S. Bankruptcy Court for the Northern District of Illinois to recognize what could add up to $1 billion in pension and retirement claims.
December 03, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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