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

Between Absolute and Amorphous: The Draft Guidance On Vertical Mergers: Commentary On The Draft 2020 Guidelines

Businesses at different levels in the supply chain of a product choose to merge (“vertical mergers,...

Read More >

Federal Court Blocks California’s Ban On Mandatory Arbitration Agreements

California employers just received a last-minute reprieve from complying with a newly enacted law th...

Read More >

New York Lawmakers Pass Game-Changing Reforms to State Discrimination Laws

Still grappling with the expansive sexual harassment reforms passed last year, New York businesses a...

Read More >

NAD Recommends Improvements to Baby Monitor Performance Disclosures

Owlet Baby Care, Inc. advertised its “Smart Sock” baby monitor with prominent claims that the moni...

Read More >

Are Efforts to Speed Up Antitrust Merger Reviews Working?

Last September, Makan Delrahim, the Assistant Attorney General for the Antitrust Division of the Dep...

Read More >

Employee and Other Notices by January 1, 2020, and Related Issues for Employers - Morgan Lewis Practical Advice on Privacy: Guide to the CCPA

The California Consumer Privacy Act (CCPA) gives California residents various new rights regarding t...

Read More >