Court Denies Audit of Alleged Alter-Ego Company

The trustees of a group of multiemployer pension and welfare funds aren’t entitled to judgment on the pleadings and a pre-discovery audit of a painting company that the trustees alleged was an alter-ego for another, now bankrupt company, a federal court in Illinois has ruled. The trustees are seeking to recapture delinquent contributions to the funds from the president and owner of the bankrupt company, who also now serves as the president of the instant company (Trs. of the Chicago Painters & Decorators Pension Fund v. NGM Servs., Inc., 2014 BL 360055, N.D. Ill., 1:14-cv-05701, 12/22/14).