[Download] "Budden v. United States" by United States Court of Appeals for the Eighth Circuit # eBook PDF Kindle ePub Free

eBook details

Title: Budden v. United States
Author : United States Court of Appeals for the Eighth Circuit
Release Date : January 08, 1994
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

Plaintiffs Gerald R. Roth and Logan M. Ammon appeal from the district courts order granting summary judgment to defendants Charles J. Sawyer and Clifford E. Sawyer (the trustees). The plaintiffs claim that the district court erred by finding that the trustees satisfied their fiduciary duties under ERISA by securing deferred payments of the plaintiffs retirement benefits under an employee stock ownership plan (ESOP) with the stock of the Sawyer-Cleator Lumber Company (the Company). We reverse and remand.