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Sun Capital Partners III, LP, et al. v. New England Teamsters & Trucking Industry Pension Fund
Case Number:
1:10-cv-10921
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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November 26, 2018
Teamsters Pension Fund Wins $3.5M More From PE Funds
A Massachusetts federal judge on Monday amended his judgment against a group of hedge funds in a case that was reversed by the First Circuit, acknowledging that he had failed to include interest, liquidated damages and attorneys' fees and costs in his award to a pension fund.
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November 09, 2012
Teamsters Ruling Could Take PE Funds Off Pension Hook
A recent ruling in a court battle between Sun Capital Advisors Inc. and a Teamsters pension fund could release private equity firms from retirement obligations at companies they own, clearing up a fuzzy legal area and simplifying due diligence, lender talks and portfolio risk, attorneys say.
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October 24, 2012
Sun Capital Ditches Pension Fund's $4.5M Claims
A Massachusetts federal judge has ruled that private fund firm Sun Capital Partners was not obligated to pay roughly $4.5 million in withdrawal liability to a New England trucking industry pension fund group on behalf of a former portfolio company that went bankrupt.