X
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/

Related

Acting Chairman Ann Marie Buerkle Withdraws Nomination, Announces Intent to Resign From CPSC, Effective October 27, 2019

In a press release this afternoon, Acting Chairman Ann Marie Buerkle announced that she would be wit...

Read More >

2020: An HR Odyssey – Illinois Enacts The Artificial Intelligence Video Interview Act

In Stanley Kubrick’s 1968 epic 2001: A Space Odyssey, HAL 9000, a fictional artificial intelligence...

Read More >

SEC Adopts Amendments to Financial Disclosures about Acquisitions and Dispositions of Businesses

On May 21, 2020, the Securities and Exchange Commission (the SEC) announced the adoption of amendmen...

Read More >

If Your Intern Is Ever Taken Hostage, Here’s Why You Should Care

Netflix is (figuratively) on fire this summer, as it has released tons of new content clearly calcul...

Read More >

The Past Decade of Independent Contractor Misclassification and Compliance Law

Ten years ago, when we began a legal blog dedicated to independent contractor compliance and misclas...

Read More >

Tracking the SECURE Act’s Effect on Tax Qualified Retirement Plans

As we previously reported, on December 20, President Trump signed into law the “Setting Every Commu...

Read More >