Opinion ID: 495432
Heading Depth: 2
Heading Rank: 1

Heading: Relevant Legislative History

Text: 22 The legislative history of MPPAA indicates that Congress specifically contemplated that disputes concerning evade or avoid transactions such as Tiger's 1985 sale would be resolved through arbitration. Representative Frank Thompson, Jr., Democrat of New Jersey, the principal House sponsor of the bill, stated that 23 transactions undertaken to evade or avoid withdrawal liability may not be used as a method of escaping withdrawal liability that would otherwise be imposed. It is intended that the plan sponsor, the arbitrator, and the courts follow the substance rather than the form of such transactions in determining, assessing, and collecting withdrawal liability. 24 126 Cong.Rec. H23038 (daily ed. Aug. 25, 1980) (emphasis added). This explicit reference to the plan sponsor, the arbitrator, and the courts demonstrates that Congress intended evade or avoid disputes to be resolved through the MPPAA sequence of procedures, which places arbitration prior to court action. 12