Ruby Tuesday Stopped Paying Pensions of 100 Employees Unlisted Video
3 years ago
172
Business Insider reports documents show that restaurant chain Ruby Tuesday advised its trustee, Regions Bank, to stop paying pensions to at least 112 retirees on July 21.
That was months before declaring insolvency on September 2.
The agreement between Ruby Tuesday and Regions stated the chain had to notify the bank of its insolvency before it could cease pension payments.
On September 28, Regions filed a lawsuit against Ruby Tuesday, asking a court to determine whether the chain's actions were legal.
Loading comments...
-
0:14
WTMJMilwaukee
3 years agoMilwaukee Public Schools employees return to work Tuesday
6 -
2:08
WKBW
3 years agoJCC members continue paying dues as donation to keep employees paid
7 -
2:40
KJRH
3 years agoWet Tuesday
2 -
3:20
KJRH
3 years agoWarm Tuesday
12 -
3:16
KJRH
3 years agoHot Tuesday
13 -
2:59
KMGH
3 years agoTuesday evening forecast
6 -
1:57
WXYZ
3 years agoFORECAST: Tuesday morning
10 -
3:16
KJRH
3 years agoTuesday noon weather
4 -
2:05
WXYZ
3 years agoFORECAST: Tuesday morning
5 -
2:25
KJRH
3 years agoTuesday noon
4