7th Circ. Revives Suit Over Paper Co.'s ESOP Valuation

By Patrick Hoff · April 24, 2024, 3:09 PM EDT

The Seventh Circuit reopened a suit claiming executives at a defunct paper company and financial advisers overvalued the business to persuade workers to put retirement savings into an employee stock ownership...

To view the full article, register now.

Documents

Case Information

Case Title

Appvion, Inc. Retirement Savings and Employee Stoc v. Douglas Buth, et al

Case Number

23-1073

Court

Appellate - 7th Circuit

Nature of Suit

3791 Employee Retirement

Date Filed

January 11, 2023

Featured Stories

How The Bankruptcy System Became 'Unjust' - Part 1 No Photo Available

Changes in bankruptcy law that have made it more difficult for individuals facing financial hardship to extinguish their debts and get... (more story)

3 Takeaways From Cigna's Win In 9th Circ. Rehab Claim Fight No Photo Available

The Ninth Circuit's recent decision finding Cigna is off the hook for $8.6 million in out-of-network mental health and substance use d... (more story)

From Delaware To Georgia: Why LaVie Is Taking Ch. 11 South No Photo Available

Three years ago, LaVie Care Centers units filed for Chapter 11 protection in the common corporate venue of Delaware, but its new filin... (more story)