Viewpoints: Portfolio Company Pension Liabilities

Latham & Watkins LLP
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New York partner Bradd Williamson, Global Chair of Latham’s Benefits, Compensation & Employment Practice, and Chicago partner Robin Struve discuss Sun Capital Partners III, LP v. New England Teamsters & Trucking Industry Pension Fund, and takeaways from that decision that investment funds should consider when taking substantial ownership positions in companies with ERISA pension obligations.
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