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Holding the defensive line: Delaware court rejects extension of WARN Act liability to private equity sponsor

Debevoise & Plimpton LLP
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USA
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May 16 2013

On May 10, 2013, Judge Brendan Linehan Shannon of the United States Bankruptcy Court for the District of Delaware rejected an attempt to hold a

WARN Act liability and private equity firms

Drinker Biddle & Reath LLP
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USA
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May 2 2013

Last month's decision out of the Delaware District Court in Woolery, et al. v. Matlin Patterson Global Advisers, LLC, et al. was an eye opener for

Think you purchased assets “free and clear”? That’s not always the case when it comes to liability for violations of federal employment and labor laws

Roetzel & Andress
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USA
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April 26 2013

Generally, buyers of corporate assets intend to acquire the assets but not the liabilities of the seller. Whether or not a purchaser acquires such

Seventh Circuit settles open issue: can’t contract around successor liability for federal wage claims

Quarles & Brady LLP
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USA
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April 19 2013

When buying corporate assets, a buyer wants to buy just assets, not liabilities. But a recent decision from the United States Court of Appeals for

You buy the business, you buy its sins - Seventh Circuit reminds business buyers of successor liability for federal employment law violations

Constangy Brooks & Smith LLP
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USA
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April 16 2013

The recent decision of the U.S. Court of Appeals for the Seventh Circuit in Teed v. Thomas & Betts Power Solutions, LLC, holding that a successor

Don't buy more than you bargained for

BoyarMiller
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USA
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April 10 2013

If your company is trying to decide whether to purchase another company, it is important to know that the transaction could end up with you having to

Asset acquisition comes with unexpected FLSA pain

Foley & Lardner LLP
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USA
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April 8 2013

Some bargains are not as they seem. An asset-acquiring Company discovered this the hard way in Teed v. Thomas & Betts Power Solutions. In the case

FLSA: buyer of assets beware or you might get teed off

Masuda Funai Eifert & Mitchell Ltd
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USA
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April 8 2013

The purchaser of a company's assets has been held liable for the company's alleged violations of the Fair Labor Standards Act by virtue of the

Asset purchaser also bought FLSA liability

Fisher & Phillips LLP
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USA
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April 3 2013

A decision from the Seventh Circuit U.S. Court of Appeals (with jurisdiction over Illinois, Indiana, and Wisconsin) offers an important reminder to

Seventh Circuit affirms imposition of successor liability for FLSA claims

Morgan Lewis & Bockius LLP
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USA
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April 3 2013

Purchasing company is found to be subject to successor liability for federal employment-related claims, even where it explicitly disclaimed such

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Search results

Holding the defensive line: Delaware court rejects extension of WARN Act liability to private equity sponsor

WARN Act liability and private equity firms

Think you purchased assets “free and clear”? That’s not always the case when it comes to liability for violations of federal employment and labor laws

Seventh Circuit settles open issue: can’t contract around successor liability for federal wage claims

You buy the business, you buy its sins - Seventh Circuit reminds business buyers of successor liability for federal employment law violations

Don't buy more than you bargained for

Asset acquisition comes with unexpected FLSA pain

FLSA: buyer of assets beware or you might get teed off

Asset purchaser also bought FLSA liability

Seventh Circuit affirms imposition of successor liability for FLSA claims

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