It’s now official — a judge has ordered a group of Tennessee restaurant owners to pay $4.8 million into a workers’ compensation fund that was mismanaged.
About 500 Tennessee Restaurant Association members will have to pay thousands each to shore up the fund.
They had hoped to pay much less. “We are disappointed,” said Nathan Ridley, an attorney for several restaurant owners.
The state liquidated the group’s workers’ compensation fund two years ago and asked restaurant owners to come up with the shortfall to pay injured workers.
In a related case, the Tennessee Department of Commerce and Insurance is suing the restaurant association’s chief executive officer. Among other things, the suit claims Ronnie Hart received excessive fees for running the workers’ compensation fund.
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Inside the Toxic Legacy of Georgia-Based Mulitbillion-Dollar Carpet Empire 
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer From This Issue
