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ELLIS v. RYCENGA HOMES, INC.

No. 1:04-cv-694.

484 F.Supp.2d 694 (2007)

David ELLIS, Successor Plan Administrator and Successor Plan Trustee for the Rycenga Homes, Inc. Profit-Sharing 401(k) Plan, Plaintiff, v. RYCENGA HOMES, INC., et al., Defendants.

United States District Court, W.D. Michigan, Southern Division.

March 15, 2007.

Attorney(s) appearing for the Case

Gregory N. Longworth, Stephen D. Turner, Clark Hill PLC, Grand Rapids, MI, for Plaintiff.

Miles T. Macik, Dennis Egan, Butzel Long, Bloomfield Hills, MI, for Defendants.

OPINION

SCOVILLE, United States Magistrate Judge.

This is a civil action brought by the successor trustee of a profit-sharing plan pursuant to the Employment Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. § 1001-1461. The plan was established by Rycenga Homes, Inc. for the benefit of its employees. Plaintiff's claims, brought on behalf of the plan and its participants, arise from improper loans made from plan assets to Rycenga Homes...

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