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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/

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