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04Dec

Finally! First Circuit Overturns the Sun Capital ERISA Multiemployer Plan Liability Case—But Risks Remain for Private Equity

The First Circuit issued a decision holding that two private equity funds involved in a case are not required to pay for the withdrawal limit of a portfolio company. Despite the limited victory, the guiding rule with respect to defined benefit plan...
By: McDermott Will & Emery
Source Url: https://www.jdsupra.com/legalnews/finally-first-circuit-overturns-the-sun-76719/

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