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FOUGHT v. EVANS PROD. CO. RACINE PENSION PLAN

No. 91-3538.

966 F.2d 304 (1992)

Richard FOUGHT, et al., Plaintiffs-Appellants, v. EVANS PRODUCTS COMPANY RACINE PENSION PLAN AGREEMENT, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided July 2, 1992.

Attorney(s) appearing for the Case

Miriam R. Katzman (argued), Zubrensky, Padden, Graf & Maloney, Milwaukee, Wis., Daniel B. Sherrick, UAW Legal Dept., Detroit, Mich. and George Graf, Gillick, Murphy, Wicht & Prachthauser, Brookfield, Wis., for plaintiffs-appellants.

Kael B. Kennedy, Kirk D. Messmer, Allan Gunn (argued), George J. Matkov, Jr., and Beth E. Koch, Matkov, Salzman, Madoff & Gunn, Chicago, Ill., for defendants-appellees.

Before CUMMINGS, EASTERBROOK, and RIPPLE, Circuit Judges.

EASTERBROOK, Circuit Judge.

Racine Steel Castings Company lost money, and together with its corporate parent Evans Products Company filed for bankruptcy in 1986. Both firms liquidated. Evans Asset Holding Company (EAHC), formed to sell off the corporate family's assets, acquired and quickly sold Racine Steel's plant. The buyer, B & R Holdings, Ltd., assumed none of its predecessor's liabilities but did hire most of its employees. EAHC dismissed its employees in...

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