X
24Dec

Private Investment Funds Not Liable for Portfolio Company's Pension Withdrawal Liability

The U.S. Court of Appeals for the First Circuit has held in Sun Capital Partners III, LP v. New England Teamsters & Trucking Industry Pension Fund that two Sun Capital Funds were not under common control with Scott Brass Inc., their portfolio company...
By: Holland & Knight LLP
Source Url: https://www.jdsupra.com/legalnews/private-investment-funds-not-liable-for-31468/

Related

California Independent Contractor Statute

The topic of independent contractors has been at the forefront of late, with both the Department of ...

Read More >

The Stoned Age: What the CBD Craze Means for Employers and Their Substance Abuse Policies

Seyfarth Synopsis: The federal Drug Enforcement Agency (DEA) recently announced that drugs that incl...

Read More >

Investors Targeting Boomers’ Future Need for Home Health and Hospice Services

It’s becoming very clear that the private equity industry and other investors are positioning thems...

Read More >

Financial Daily Dose 2.4.2020 | Top Story: Tesla Stock Hits New Highs on Reports From Battery Partners

It’s all coming up Elon these days for Tesla and its stock. “Positive developments” from the elec...

Read More >

Private Equity Update: 1st Circuit Reverses Imposition of Pension Plan Withdrawal Liability

The Multiemployer Pension Plan Amendments Act of 1980 ("MPPAA") amended the Employee Retirement Inco...

Read More >

Suing a Design Professional in Texas? Make Sure to Include a Certificate of Merit in Your Pleading

On August 4, 2020, the Court of Appeals of Texas (First District) reversed a trial court’s denial o...

Read More >