District Court Limits the Collection of Withdrawal Liability Against Private...
In Sun Capital Partners III, LP v. New England Teamsters and Trucking Industry Pension Fund, 2012 WL 5197117 (D. Mass. Oct. 18, 2012), a federal district court in Massachusetts concluded that a private...
View ArticlePrivate Investment Funds May Be Liable For Portfolio Company’s Underfunded...
On July 24, 2013, the U.S. Court of Appeals for the First Circuit ruled in Sun Capital Partners III, LP v. New England Teamsters and Trucking Industry Pension Fund (No. 12-2312, 2013 WL 3814984) that a...
View ArticleSun Capital Court Finds Co-Investing Funds Part of Controlled Group and...
As we previously reported, in Sun Capital, the U.S. Court of Appeals for the First Circuit held in 2013 that a private investment fund, pursuant to the so-called “investment plus” test first...
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