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

Implementing FIRRMA: CFIUS Finalizes Filing Fee Rule for Voluntary Transaction Notices

Key Takeaways - On July 28, 2020, the U.S. Treasury Department, as chair of the Committee on Foreig...

Read More >

Voters Will Have Say Over California Misclassification Law Come November

Over a million Californians have said they want a chance to vote on the misclassification law that t...

Read More >

A Matter Of Trust – Avoiding The Pitfalls Of The Texas Construction Trust Fund Act

Subcontractors have long celebrated—and general contractors long feared—the Texas Construction Tru...

Read More >

Is Pre-Fab Coming Of Age?

During college in the 1970s, I spent my summers working as a framer in residential construction; I w...

Read More >

Ninth Circuit Issues A Second En Banc Decision Regarding Prior Salary Considerations In Rizo v. Yovino Re-Do

In yet another development in the closely watched case of Rizo v. Yovino, the en banc Ninth Circuit ...

Read More >

Falsified FMLA forms torpedo retaliation claims

The U.S. Department of Labor makes available a variety of Family and Medical Leave Act forms to empl...

Read More >