"The Seventh Circuit ... declared a bright-line rule that where the owner of a withdrawing business leases property to that business, the leasing activity qualifies as a trade or business. If that trade or business is owned personally by the owner of the withdrawing business, the leasing activities and the withdrawing business would be aggregated under the controlled group rules and both would be responsible for the withdrawal liability assessment. In this case, ... the business owner personally was responsible for the $3.6 million withdrawal liability." [Central States Se. and Sw. Areas Pension Fund v. Nagy, No. 11-3055 (7th Cir. Apr. 22, 2013)]  MORE >>