Leslie M. Bassett

King & Spalding LLP

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Private Equity

The Risks For Private Equity In Companies With Underfunded Benefit Plans

Kenneth A. Raskin, Leslie M. Bassett | King & Spalding LLP

Editor: Please provide our readers with the facts involved in the case Sun Capital Partners v. New England Teamsters & Trucking Industry Pension Fund. Raskin: In the Sun Capital case, the First Circuit Court of Appeals held that an investment fund managed by a private equity firm, Sun...

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