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New lawsuit sheds light on power struggle between Ferrellgas management, ESOP trustee

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A lawsuit filed by Ferrell Cos. Inc. sheds light on an internal power struggle underway over the future of the troubled Overland Park-based propane company Ferrellgas Partners LP (NYSE: FGP). Ferrell Cos. is the owner of the operating partnership entities for Ferrellgas. The company filed suit in the U.S. District Court in the District of Kansas on Thursday against GreatBanc Trust Co. (GBanc), the Illinois-based trustee of the employee stock ownership program (ESOP) for Ferrell Cos. Among the claims…

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