District court limits the collection of withdrawal liability against private equity funds *

USA - May 9 2013
In Sun Capital Partners III, LP v. New England Teamsters and Trucking Industry Pension Fund, 2012 WL 5197117 (D. Mass. Oct. 18, 2012), a federal…

Co-authors: Anthony S. Cacace.

FASB approves changes to GAAP, enhancing disclosures of participation in multiemployer defined benefit pension plans *

USA - July 28 2011
The Financial Accounting Standards Board announced July 27, 2011 the approval of a revised accounting standard enhancing disclosures in financial statements regarding employers’ participation in multiemployer defined benefit plans.

Co-authors: Robert M Projansky, Steven D Weinstein, Reuven Bauman.

FASB issues exposure draft outlining new employer disclosures related to multiemployer defined benefit pension plans *

USA - September 15 2010
As we reported in our April 28, 2010 Client Alert, the Financial Accounting Standards Board (the “FASB”) recently decided to issue a proposal that would amend U.S. Generally Accepted Accounting Principles (“GAAP”) to require employers to disclose in footnotes to their financial statements new quantitative and qualitative information regarding their participation in multiemployer defined benefit plans.

Co-authors: Amy Covert, Robert M Projansky, Peter J Marathas Jr, Amber A Ward, Paul M Hamburger.

FASB proposal regarding multiemployer plans *

USA - April 28 2010
The purpose of this alert is to advise employers that they may soon be required to disclose in footnotes to their financial statements new quantitative and qualitative information regarding their participation in multiemployer defined benefit pension plans.

Co-authors: James C Williams, Robert M Projansky, Howard Shapiro, Peter J Marathas Jr, Paul M Hamburger.