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3rd Circ. Keeps Renco On The Hook For $79M Pension Fee

By Jeff Montgomery ( August 27, 2021, 5:05 PM EDT) -- The Third Circuit has upheld arbitral and lower court rulings that the Renco Group Inc. triggered nearly $79 million in pension fund obligations and $18 million more in fees, damages and interest after failed attempts to "evade or avoid" unfunded liabilities of its bankrupt subsidiary RG Steel Holdings LLC dating to 2012....

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