APPVION, INC. v. BUTH

Case No. 18-C-1861.

475 F.Supp.3d 910 (2020)

APPVION, INC. RETIREMENT SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN, BY AND THROUGH Grant LYON in his capacity as the ESOP Administrative Committee of Appvion, Plaintiff, v. Douglas P. BUTH, et al., Defendants.

United States District Court, E.D. Wisconsin.

Signed July 27, 2020.


Attorney(s) appearing for the Case

Abigail M. Terhune , Ashley Williams Hale , Leo R. Beus , Lowell Richard Williams , Beus Gilbert McGroder PLLC, Phoenix, AZ, Frederick Perillo , Sara J. Geenen , The Previant Law Firm SC, Milwaukee, WI, for Plaintiff.

Amanda S. Amert , Craig C. Martin , Michael T. Graham , Willkie Farr & Gallagher LLP, Caroline L. Meneau , David Jimenez-Ekman , Jenner & Block LLP, Chicago, IL, Michael P. Richman , Steinhilber Swanson LLP, Madison, WI, Paul G. Swanson , Steinhilber Swanson LLP, Oshkosh, WI, for Defendants Douglas P. Buth, Gayle Buth, Paul J. Karch, Anne Karch, Mark Richards, Jeanne Richards, Tom Ferree, Carol J. Ferree, Rick Fantini, Debra L. Fantini, Dale Parker, Debrah Parker, Angela Tyczkowski, Mark Tyczkowski, Kerry Arent, Timothy Arent, Kent Willetts, Andrea Willetts, Susan Scherbel, Thomas Scherbel, Ronald Pace, Teresa Pace, Stephen Carter, Lisa L. Carter, Kathi Seifert, Andrew Reardon, Michele Reardon, Terry Murphy, Mary E. Murphy, Mark Suwyn, Patricia Suwyn, Kevin Gilligan, Angela Gilligan.

Frank W. Kowalkowski , Von Briesen & Roper SC, Green Bay, WI, Theodore M. Becker , McDermott Will & Emery LLP, Chicago, IL, for Defendants Louis Paone, Rosemary Paone, Houlihan Lokey Capital Inc., Houlihan Lokey Financial Advisors Inc.

Gabrielle L. Gould , Goodwin Procter LLP, New York, NY, James O. Fleckner , Goodwin Procter LLP, Boston, MA, Matthew L. Riffee , Goodwin Procter LLP, Washington, DC, T. Wickham Schmidt , T. Wickham Schmidt Esq, PSC, Green Bay, WI, for Defendant State Street Bank & Trust Company.

James O. Fleckner , Goodwin Procter LLP, Boston, MA, T. Wickham Schmidt , T. Wickham Schmidt Esq, PSC, Green Bay, WI, for Defendants Kelly Driscoll, Sydney Marzeotti, Stephen Marzeotti.

Brian P. Muething , Jacob D. Rhode , Michael L. Scheier , Keating Muething & Klekamp PLL, Cincinnati, OH, William P. McKinley , Menn Law Firm Ltd., Appleton, WI, for Defendant Argent Trust Company.

Barbara A. Smith , Jeffrey S. Russell , Bryan Cave Leighton Paisner LLP, St. Louis, MO, Sherry D. Coley , Davis & Kuelthau SC, Green Bay, WI, William Bard Brockman , Bryan Cave Leighton Paisner LLP, Atlanta, GA, for Defendants Reliance Trust Company, Howard Kaplan, Wendy Kaplan.

Barbara A. Smith , Jeffrey S. Russell , Bryan Cave Leighton Paisner LLP, St. Louis, MO, Brian P. Muething , Jacob D. Rhode , Michael L. Scheier , Keating Muething & Klekamp PLL, Cincinnati, OH, Sherry D. Coley , Davis & Kuelthau SC, Green Bay, WI, William Bard Brockman , Bryan Cave Leighton Paisner LLP, Atlanta, GA, William P. McKinley , Menn Law Firm Ltd., Appleton, WI, for Defendants Stephen Martin, Jane Doe Martin, David H. Williams, Jane Doe Williams.

Chelsea Ashbrook McCarthy , Richard R. Winter , Holland & Knight LLP, Chicago, IL, for Defendant Willamette Management Associates, Inc.

Andrew Salek-Raham , Kara Petteway Wheatley , Lars C. Golumbic , Meredith Kimelblatt , Groom Law Group Chartered, Washington, DC, Ross Townsend , Law Firm of Conway Olejniczak & Jerry SC, Green Bay, WI, for Defendants Scott D. Levine, Debora Levine, Aziz El-Tahch, Ayelish M. McGarvey, Robert Socol, Lynn Socol, Stout Risius Ross LLC.

Andrew Salek-Raham , Kara Petteway Wheatley , Meredith Kimelblatt , Groom Law Group Chartered, Washington, DC, for Defendant Stout Risius Ross Inc.


DECISION AND ORDER

In 2001, Appleton Papers, Inc., a Wisconsin-based paper products company, which was owned at that time by a French conglomerate, Arjo Wiggins Appleton (AWA), was sold as part of an Employee Stock Ownership Plan, or ESOP, to Paperweight Development Corp. (PDC) for $810...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases