Bankruptcy Law News and Insights

An important decision by the United States Court of Appeals for the Sixth Circuit may significantly impact withdrawal liability assessments.  In Sofco Erectors, Inc. v. Trustees of the Ohio Operating Engineers Pension Fund,1 the Court held that the pension fund could not utilize the "Segal Blend" interest rate to calculate the employer's...

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Highlights A bankruptcy filing by a single construction project participant can cause a chain reaction in which payments aren't met, leading to financial distress, impacts to project payment systems and completion schedules, and/or bankruptcy for other participants. In addition, the bankruptcy trustee administering the case has the ability to claw...

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Shopko... Briggs & Stratton... Appvion (formerly Appleton Papers)... Harnischfeger... Bon-Ton... JHT Holdings... Arandell... Golden Guernsey Dairy. We tend to think of these companies as our own—Wisconsin-based, some with storied traditions here, employers of family members and friends—but all of them have one thing in common: they filed for bankruptcy protection...

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