Labor Secretary Fights ESOP Suit Defense Costs Bid Under EAJA In 9th Circuit

Mealey's (September 22, 2022, 2:17 PM EDT) -- HONOLULU — Asserting that a bid to reverse a trial court’s denial of attorney fees and nontaxable costs in a lawsuit over the valuation of an employee stock ownership plan (ESOP) does not meet the applicable abuse-of-discretion standard, the U.S. secretary of Labor urged the Ninth Circuit U.S. Court of Appeals to uphold the ruling....