X
12Dec

First Circuit Rules that Private Equity Funds Not Liable for Portfolio Company’s Multiemployer Plan Withdrawal Liability

In a decision published on November 22, 2019, the First Circuit reversed a district court’s prior decision and held two Sun Capital private equity funds were not liable for the withdrawal liability incurred when a jointly-owned portfolio company...
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/first-circuit-rules-that-private-equity-47309/

Related

OFCCP Issues National Interest Exemption for Coronavirus Response Efforts

In an effort to facilitate response efforts for COVID-19, Director Craig Leen of the Office of Feder...

Read More >

Significant Changes to Georgia Lien Law on January 1: Are You Prepared?

Important changes to the Georgia law on waivers for mechanic's lien and payment bond claims (lien wa...

Read More >

NLRB Issues New Rule Narrowing Joint-Employer Standard

The National Labor Relations Board (“NLRB”) announced that it is releasing a final rule (the “Rul...

Read More >

DHS commences pilot project to collect DNA from certain travellers

The Department of Homeland Security (DHS) recently announced a pilot project to collect DNA samples ...

Read More >

Global Merger Clearance: The First Week of the New Normal

Antitrust agencies around the world are adjusting to the policies and procedures they quickly implem...

Read More >

Now That We Are SECURE - The SECURE Act brings important changes to retirement plans

On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement ...

Read More >