Blogs

Search Blogs
Search by date
Choose From Date
Choose To Date
SearchClear

Pedernales Running Out of Legal Options for Fuelberg Restitution

Federal law and a settlement agreement will likely prevent the Pedernales Electric Cooperative board of directors from being able to withhold pension benefits from its former general manager, Bennie Fuelberg, or pursue a lawsuit against him for that mone
March 22, 2011

Federal law and a settlement agreement will likely prevent the Pedernales Electric Cooperative board of directors from being able to withhold pension benefits from its former general manager, Bennie Fuelberg, or pursue a lawsuit against him for that money.  Fuelberg was the head of Pedernales, the nation’s largest member-owned electric utility, for more than 30 years before he was found guilty of felony theft, money laundering and misapplication of fiduciary property.  Pedernales is working to exhaust all of its options to seek restitution, but so far has run into the legal barriers described in this article.

Our Story

Sutherland Asbill & Brennan LLP is an international law firm helping the Fortune 100, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals. Dedicated to unfaltering excellence in client service, we are known for our business savvy and industry intelligence, providing creative and custom solutions for each of our clients. Industry and business experience makes the difference for our clients.

click to watch Videocast: DOL Fiduciary Rule Litigation Impacts
Videocast: DOL Fiduciary Rule Litigation Impacts
Atlanta, GA
Washington, DC
© 2016 Sutherland Asbill & Brennan LLP / Sutherland (Europe) LLP
MYBRIEFCASE
Add this page to MYBRIEFCASE
Add Page to MYBRIEFCASE
News/Commentary - Pedernales Running Out of Legal Options for Fuelberg Restitution
Current MYBRIEFCASE Pages
Save ChangesDownload MYBRIEFCASEClear All