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First Circuit Explains How to Avoid Liability for an Underfunded Pension Plan

To avoid liability for an underfunded pension plan, the First Circuit describes a structure for investors to employ when buying a sick company

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Opinion Link

Case Details

Case Citation

Sun Capital Partners III LP v. New England Teamsters & Trucking Industry Pension Fund, 16-1376 (1st Cir. Nov. 22, 2019)

Case Name

Sun Capital Partners III LP v. New England Teamsters & Trucking Industry Pension Fund

Case Type

Business
Court