December 24, 2019 | New York Law Journal
First Circuit Finds Co-Investing Private Equity Funds Did Not Bear Liability for Bankrupt Portfolio Company's Underfunded PensionIn this Distress Mergers and Acquisitions column, Corinne Ball and Miguel Eaton discuss the recent decision in 'Sun Capital Partners', which eradicates the one federal court decision that found liability for an ownership structure commonly employed by private equity funds that invest in distressed companies with pension liabilities.
By Corinne Ball and Miguel Eaton
14 minute read
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