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

Washington Working To Expand Multiple Employer Retirement Plan Options

The Department of Labor published final regulations on July 31, 2019, making it easier for multiple ...

Read More >

New Year Brings New Opinion Letters From DOL’s Wage and Hour Division

On January 7, 2020, the U.S. Department of Labor’s Wage and Hour Division (WHD) issued three opinio...

Read More >

COVID-19 and the Future of Transportation in California

On July 23, 2020, the California Transportation Foundation convened a panel of transportation profes...

Read More >

Financial Daily Dose 8.14.2019 | Top Story: U.S. Backs Off New Tariffs on China Until December

In the internal battle between keeping China off balance and keeping Wall Street happy, the White Ho...

Read More >

Contractual duties of good faith in "relational contracts"

In a long running group litigation between a number of Sub-Post Masters and Post Office Limited, Mr ...

Read More >

Litigation Risk in the SPAC World

It seems that it is impossible to talk to any fund today without learning that a SPAC is planned or ...

Read More >