X
03Dec

Sun Capital Update: First Circuit Reverses District Court’s “Partnership-in-Fact” Holding and Finds Private Equity Funds Not Part of Controlled Group and Not Liable for Portfolio Company’s Pension Liabilities

Last Friday, the U.S. Court of Appeals for the First Circuit ruled that two co-investing Sun Capital private equity funds (the Sun Funds) had not created an implied “partnership-in-fact” for purposes of determining whether the Sun Funds were under...
By: Proskauer - Employee Benefits & Executive
Source Url: https://www.jdsupra.com/legalnews/sun-capital-update-first-circuit-81012/

Related

California Court of Appeal Agrees Employer Does Not Have To Pay For Shoes...This Time

Krista Townley was a server at BJ’s Restaurants, Inc. As a server, Townley was required to wear bla...

Read More >

[Audio] Employment Law Now IV-55 – Six Significant Developments to be On Your Radar

Today’s episode looks at 6 key developments that every company should be thinking about: Coronaviru...

Read More >

Vermont Legislative Update 02-21-2020 - An analysis from DRM's Government & Public Affairs Team

New Act 250 board proposal is gutted - The House Committee on Ways and Means voted 9-1 this week in...

Read More >

Client Alert: EEOC Requires 2017 and 2018 Component 2 Pay Data by September 30

As of July 15, 2019, the Equal Employment Opportunity Commission (EEOC) is equipped to accept 2017 a...

Read More >

Court Orders Waikiki Sports Bar to Pay Over $250,000 for Sexual Harassment

Owner of Snappers Sports Bar and Grill Created Sexually Charged Environment, Forcing Employees to Qu...

Read More >

Rock Beats Scissor: Federal Law Cuts Through New York State’s Attempt to Prohibit Mandatory Arbitration of Sexual Harassment Claims

Proponents of mandatory arbitration in New York can collectively let out a sigh of relief as a feder...

Read More >