April 27, 2016 News

CLIENT ALERT: Private Equity Fund Acquisitions of Portfolio Companies with Pension Liabilities – the Sun Capital Decision

April 27, 2016 – The attached Alert examines steps private equity firms can take to minimize potential pension liabilities from portfolio companies after Sun Capital. In the Sun Capital case, two separate but affiliated private equity funds were held liable for the unfunded pension liabilities of a bankrupt portfolio company, despite having taken specific steps to avoid this result.