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Ruby Tuesday Executive Benefits Suit Will Stay in Tennessee

Oct. 12, 2021, 5:09 PM

A lawsuit by former Ruby Tuesday Inc. employees seeking benefits under two terminated executive retirement plans will move forward under federal law in a Tennessee courtroom, according to a ruling issued in the Eastern District of Tennessee.

Judge Clifton L. Corker on Oct. 8 denied Regions Bank’s motion to transfer the case to federal court in Delaware, where Ruby Tuesday’s bankruptcy proceedings are pending. The employees’ lawsuit brings claims under the Employee Retirement Income Security Act, not the Bankruptcy Code, which means the case isn’t eligible for transfer under federal change-of-venue rules related to bankruptcy proceedings, Corker said.

“Although Plaintiffs’ ...

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