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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/

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