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Pension and Executive Compensation Provisions in the American Rescue Plan Act

USA - March 11 2021 On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 ("ARPA"), the $1.9 trillion COVID-19 relief bill. ARPA…

Christina M. Cerasale, Seong Kim, Kaley M. Ventura

PBGC Issues Interim Final Rule on Special Financial Assistance, Including Its Restrictions on Withdrawing Employers

USA - July 13 2021 On July 9, 2021, the PBGC issued its interim final rule on ARPA’s Special Financial…

Seong Kim, Ronald J. Kramer

PBGC Issues Much Anticipated Interim Final Rule on Special Financial Assistance Under American Rescue Plan Act

USA - July 13 2021 On July 9, 2021, the PBGC issued its interim final rule on ARPA’s Special Financial Assistance Program for financially troubled…

Seong Kim, Ronald J. Kramer

No Partnership, No Common Control, No Withdrawal Liability: Private Equity Funds Not Liable for Portfolio Company’s Multiemployer Plan Withdrawal Liability

USA - November 27 2019 Seyfarth Synopsis: The First Circuit reversed a district court’s ruling holding two Sun Capital private equity (PE) funds responsible for the…

Jessica M. Stricklin, Ryan C. Tzeng