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USDOL, PWBA v. Current Development Corp., 1996-RIS-67 (ALJ Mar. 2, 2000)


U.S. Department of LaborOffice of Administrative Law Judges
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Date: March 2, 2000

Case No. : 1996-RIS-0067

In the Matter of:

U.S. DEPARTMENT OF LABOR
PENSION AND WELFARE BENEFITS ADMINISTRATION,
    Complainant

    v.

CURRENT DEVELOPMENT CORPORATION,
    Respondent

ERRATA

    An error has been discovered on page 20 of the Decision and Order which issued in the above-captioned case on February 22, 2000. Please substitute the following information:

on November 18, 1998

The 1% of the $2,096,200.00

$20,962.00

The negotiated penalty levied by PBGA for failure to file the reports

15,000.00

The penalty on the failure to have the penalty
check delivered by December 31, 1999

2,100.00

The penalty for the failure to deliver the
Annual Report Form 5500 C/Rs by November 13,
1998, which were delivered five days late

15,000.00

Total:

$53,062.00

Paid: The negotiated penalty levied by
PBGA for failure to file the reports

$15,000.00

Total Balance Due:

$38,062.00

   IT IS THEREFORE ORDERED that:

   1. In the event that the Respondent pays to the Complainant the 1% of the $2,096,200.00 penalty, plus the late payment penalty of $2,100.00 and the penalty for late filing of the Annual Report Forms 5500 C/Rs of $15,000.00, for a total of $38,062.00, within 30 days of the date of this order, the Respondent's penalty obligations to the Complainant will be considered to be paid in full.

   2. In the event that the amount of $38,062.00 is not paid by the 30th day following the date of this order, on the 30th day following the date of this order the full amount of the penalties and sanctions, in the amount of $2,311,300.00, must be paid in full.

      THOMAS F. PHALEN, JR.
      Administrative Law Judge



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