X
02Dec

No Partnership, No Common Control, No Withdrawal Liability: Private Equity Funds Not Liable for Portfolio Company’s Multiemployer Plan Withdrawal Liability

Seyfarth Synopsis: The First Circuit reversed a district court’s ruling holding two Sun Capital private equity (PE) funds responsible for the withdrawal liability incurred by a bankrupt portfolio company....
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/no-partnership-no-common-control-no-56504/

Related

Cannabis and Workplace Impairment: One Year on from Legalization

The sale and use of edible cannabis is legal in Canada as of October 17, 2019, but in the year since...

Read More >

Three-Year Delay Not “Prompt Notice,” But Insurer Not “Appreciably Prejudiced” Either, New Jersey Court Holds

In Harleysville Preferred Insurance Company v. East Coast Painting & Maintenance, LLC, 2019 U.S. Dis...

Read More >

Massachusetts Paid Family and Medical Leave: Final Regulations, Updated Notices, and Educational Sessions

On June 18, 2019, the Massachusetts Department of Family and Medical Leave (DFML) issued final regul...

Read More >

New Filing Fees in Connection with CFIUS Review of Foreign Participation in U.S. Real Estate Transactions

Real estate transactions subject to Committee on Foreign Investment in the United States (CFIUS) rev...

Read More >

USCIS Announces Implementation of Registration Fee for H-1B Cap Lottery

The US Citizenship and Immigration Services (USCIS) announced on November 7 that it has issued the f...

Read More >

Key Tax Extensions for Real Estate Developers

The Department of Treasury and the Internal Revenue Service (the “IRS”) have issued IRS Notice 202...

Read More >