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Applying Sun Capital: District Court Finds Private Equity Fund Liable for ERISA Withdrawal Liability
Ropes & Gray LLP 
Sept. 19, 2025 "This decision ... is arguably the first time a district court applied the 'investment plus' and 'partnership-in-fact' tests for determining potential withdrawal liability in the private equity context since the First Circuit issued its rulings in Sun Capital ... in 2013 and 2019." [Longroad Asset Management LLC v. Boilermaker-Blacksmith National Pension Trust, No. 23-0738 (W.D. Mo. Aug. 19, 2025)] MORE >> |
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