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.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Opinion

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

FTX Spurs Corporate Sleuths Nardello Into Ch. 11 Probes No Photo Available

Rick Archer

Corporate investigations firm Nardello & Co. is known for probing corporate scandals and financial crime, but since being tapped in 20... (more story)

Federal Courts Choosing To Stay Out Of Texas Grid Fights No Photo Available

Keith Goldberg

The Fifth Circuit has again refused to wade into fights over actions taken by Texas' grid operator during a 2021 winter storm, further... (more story)

Meet The Weil Attys Guiding Steward Health's Ch. 11 No Photo Available

Emlyn Cameron

A team of attorneys from Weil Gotshal & Manges LLP is representing Steward Health Care System LLC as the embattled hospital operator n... (more story)