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

Q v Secretary of State for Justice UKEAT 0120/19

The EAT upheld an Employment Tribunal (ET) decision that the dismissal of a Probation Service Office...

Read More >

Benesch Women in Construction - Spring 2020

Welcome to Women in Construction, a platform to foster growth and connections for women across all l...

Read More >

Are Your Noncompete Agreements Dying of Old Age?

Key Points - • Tight labor markets are leading courts and legislatures to closely scrutinize nonc...

Read More >

Cannabis Employers Can’t Escape Wage Claims, Says Court

• Cannabis businesses must comply with federal wage and hour law, a federal appeals court ruled, de...

Read More >

The CSB Adopts Final Accidental-Release Reporting Regulations

The U.S. Chemical Safety and Hazard Investigation Board (CSB) adopted regulations on February 21, 20...

Read More >

Update: AB 51 Employment Arbitration Law Remains On Hold

Assembly Bill 51, the controversial law that would have prevented employers from requiring employees...

Read More >