Austin Ozawa

Austin Ozawa

Latham & Watkins LLP

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Investment Funds: Sun Capital Reversal Offers Important Takeaways Regarding Portfolio Company Pension Liabilities

The First Circuit reverses a lower court decision and finds two Sun Capital private equity funds are not liable for portfolio company’s pension plan liabilities under ERISA. On November 22, 2019, the United States Court of...more

12/5/2019  /  Defined Benefit Plans , Employee Retirement Income Security Act (ERISA) , Investment Funds , Investors , Joint and Several Liability , Multiemployer Plan , Partnerships , Pensions , Portfolio Companies , Reversal
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