X
27Nov

First Circuit Rules That Private Equity Funds Are Not Responsible For Portfolio Company Withdrawal Liability

Seyfarth Synopsis: In a long-awaited decision with significant impact for the private equity industry, in Sun Capital Partners III, LP v. New England Teamsters & Trucking Industry Pension Fund, the United States Court of Appeals for the First Circuit...
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/first-circuit-rules-that-private-equity-45622/

Related

What you should do when PE firm offers to buy your business: Part 2

If you own a successful privately held business, then it is likely you have received a call from a p...

Read More >

Cintas Agrees to Pay $650K to Settle OFCCP Compensation and Hiring Bias Claims

On August 27, 2019, the Department of Labor announced that government contractor Cintas Corp. has ag...

Read More >

The California Shelter In Place Order; What it Means for Office Landlords

On March 16, 2020, the City and County of San Francisco issued an order requiring all individuals in...

Read More >

Philadelphia Zoning, Land Use, and Construction COVID-19 Update

The Ballard Spahr Zoning and Land Use Team is continuing to monitor all aspects of the Philadelphia ...

Read More >

IRS issues new FAQs on the interaction between the employee retention tax credit and PPP loans in M&A transactions

On November 17, 2020, the U.S. Internal Revenue Service (“IRS”) posted new FAQs providing that an ...

Read More >

[Video] Accountability: The Heart of Compliance-Episode 3-The Process of Building a Culture of Compliance

We have been getting accountability all wrong in the compliance profession. It’s not a set of tasks...

Read More >