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

Looking Ahead: The 5 Biggest Employment Law Trends for 2020

As 2019 winds down, employers should keep an eye on the five biggest employment law trends for 2020....

Read More >

[Video] Coronavirus, An Unforeseeable Circumstance: Does Your Contract Protect You Under Force Majeure Clauses?

The national response to the coronavirus pandemic has been overwhelming to the businesses. Entire st...

Read More >

Can Private Employers Require an Employee Who Recently Returned from a Coronavirus-infected Region to Stay Home Even if Asymptomatic?

The short answer is “yes.” But what if the employee simply lives with someone who recently returne...

Read More >

Judge Grants Preliminary Injunction Prohibiting Enforcement of California’s Arbitration Ban

Judge Kimberly Mueller of the District Court for the Eastern District of California today granted Pl...

Read More >

Changes for Tax-Qualified Retirement Plans: IRS Issues 2019 Required Amendments List

On December 4, the Internal Revenue Service (IRS) issued Notice 2019-64, which contains the 2019 Req...

Read More >

UPDATED: Philadelphia Lifts Restrictions On Construction

The City of Philadelphia on June 11, 2020 removed all restrictions on properly conducted constructio...

Read More >