Renco Appeals $79M Award To Pensions Over Steel Mill Sale
By Matthew Santoni ( October 25, 2019, 6:36 PM EDT) -- Renco Group Inc. said Friday that it will ask the Third Circuit Court of Appeals to review a ruling that the company owed nearly $79 million to the Steelworkers Pension Trust because an arbitrator found a deal to sell three steel mills was structured so the company could duck its pension withdrawal liabilities....
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