Hellerites: Thought your retirement money was yours? Think again.
Heller’s creditors want $13.8 million of Heller’s pension plan assets “set aside” for them, and Heller’s dissolution committee has agreed to do so.
Heller's creditors want $13.8 million of the law firm's pension plan assets "set aside" for them, and Heller's dissolution committee has agreed to do so. Creditors think about $24 million in pension contributions for 2007 fall under a fraudulent transfer claim they say they'll assert against former shareholders. About $10.2 million was in other pension plans that have been liquidated and closed, leaving about $13.8 million for creditors to haggle over.
August 17, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Hellerites: Thought your retirement money was yours? Think again.
Heller’s creditors want $13.8 million of Heller’s pension plan assets “set aside” for them, and Heller’s dissolution committee has agreed to do so.
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