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Retirement Plan › Consolidated Omnibus Budget Reconciliation Act › Investment Portfolios

Saul Ewing LLP

Private equity fund deemed a “trade or business” under ERISA, exposing it to federal liabilities

Saul Ewing LLP on

On July 24, 2013, the U.S. Court of Appeals for the First Circuit held that a private equity fund constituted a “trade or business” under the Employee Retirement Income Security Act (ERISA) and therefore, as a member of its...more

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