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Kathy's #Mailbag, Jan. 19, 2024

An eclectic mix of questions this week, including a few that aren’t complaints. (Thanks, readers!) A new restaurant is coming to Atkins Golf Club this spring … whether eminent domain ....

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Fiduciary Obligations in a Re-Leveraging Transaction Heads to Court: Shipp v. Central States Manufacturing, Inc., Case 5:23-cv-05215-TLB | ArentFox Schiff

On November 28, three participants in Central States Manufacturing, Inc.’s employee stock ownership plan (ESOP) filed a complaint on their own behalf and on behalf of other ESOP. ....

Arentfox Schiff , Department Of Labor Field Assistance Bulletin No , Central States Manufacturing Inc , Greatbanc Trust Company , Us Department Of Labor , Central States Manufacturing , Employee Retirement Income Security Act , Labor Field Assistance Bulletin , Field Assistance Bulletin , States Manufacturing ,

Central States Manufacturing Re-Leveraging Transaction Trial

Central States Manufacturing Re-Leveraging Transaction Trial
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Trustee GreatBanc Trust, Company Executives Sued for Disputed ESOP Sale, Valuation

Former employees are suing GreatBanc Trust Co. and executives from Buckeye Corrugated Inc., a national packaging and display products manufacturer, over the latter’s 2018 sale. ....

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A Step Towards Guidance Instead Of Regulation By Litigation In The ESOP Space - Employment Litigation/ Tribunals

ESOPs, their sponsors and participants, and other industry players will welcome the news announced by the ESOP Association on April 14, 2023, that the DOL has committed to move forward with public notice-and-comment rulemaking . ....

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