X
26Nov

Sun Capital Prevails in Long-Running ERISA Liability Dispute, But Pension Risks Remain for Private Equity Funds

Eleven years after its portfolio company’s bankruptcy triggered a multiemployer pension plan’s demand that funds sponsored by private equity firm Sun Capital Advisors, Inc. (“Sun Capital”) pay the portfolio company’s $4.5 million ERISA withdrawal...
By: Ropes & Gray LLP
Source Url: https://www.jdsupra.com/legalnews/sun-capital-prevails-in-long-running-86360/

Related

Proceed at Your Own Risk: Government Entitled to Strict Compliance with Plans and Specifications

In Appeal of Watts Constructors, LLC, the Armed Services Board of Contract Appeals (the “Board”) h...

Read More >

CFIUS To Base Mandatory Critical Technology Reviews on Export Control Criteria

The Situation: The U.S. Department of the Treasury ("Treasury Department") recently issued proposed ...

Read More >

Florida Fair Housing Act Amendment Removes Requirement to Register and Renew “55 and Over” Communities

The Florida Legislature recently amended the Florida Fair Housing Act by removing regulatory require...

Read More >

The State AG Report Weekly Update June 2019 #2

Antitrust- 10 Attorneys General Sue to Enjoin Merger of Major Wireless Phone Companies- 10 AGs, le...

Read More >

New Bill May Significantly Expand NY State Employment Rights

Employees in New York State are likely to see a major expansion of employment rights broadly relatin...

Read More >

CDC, OSHA Issue Guidance on Dealing with Coronavirus in the Workplace

Both the Center for Disease Control and Prevention (CDC) and the Occupational Safety and Health Admi...

Read More >