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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/

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