Government's tab for Delphi retirees' lawsuit hits $2M

By David Shepardson | Detroit News Washington Bureau | 2013-03-22 16:10

Washington — The long-running lawsuit by Delphi Corp. salaried retirees over the Pension Benefit Guaranty Corp.'s decision to assume the bankrupt auto supplier's pensions hasn't been cheap. ~ the PBGC says it has spent nearly $2 million to pay an outside contract law firm. As many as 50 lawyers have been going through 1.5 million pages of records that PBGC may have to turn over to lawyers for the retirees that are suing, consuming hundreds of hours of attorney time. ~ Lawyers for Delphi's pension recipients want a federal judge to force PBGC to turn over more documents in a more timely fashion. They note that PBGC has withheld nearly 30,000 documents. ~ Read more… Detroit News article