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How Multiemployer Withdrawal Liability Can Extend Beyond the Employer
BenefitsPro; registration may be required 
Dec. 27, 2024 "t[T]he employer -- the entity itself -- may not be the only party to be found liable for withdrawal liability when withdrawing from an MEP.... [W]ithdrawal liability amounts can be significant, and ... the reality of withdrawal liability, in general, has even caused companies to end talks of acquiring another company with potential MEP withdrawal liability under MPPAA.... [U]nder certain circumstances, the employer's owners, their spouses, and affiliated companies may also be subject to withdrawal liability.' [Local No. 499, Bd. of Trs. of Shopmen"s Pension Plan v. Art Iron, Inc., No. 22-3925 and 22-3926 (6th Cir. Sep. 26, 2024)] MORE >> |
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