LogicalConnectionDown indicates a fault within the Wide Area Network such as a Frame Relay cloud. This event was introduced to aggregate multiple logical interfaces alarms. When this fault occurs, Smarts IP Availability Manager isolates the problem to the nearest physical interface using only symptoms from the logical layer. LogicalConnectionDown is only diagnosed when there are no failure symptoms at the physical layer and the network adapter is a physical interface with sub interfaces layered over it.
Alternate workaround
Instead of the above, you can set the IsLogicalConnectionDownEnabled = FALSE attribute for selected interfaces individually. This attribute is present in every interface.