New England Teamsters and Trucking Industry Pension Fund, Petitioner v. Sun Capital Partners III, LP, et al
Case Number:
20-155
Court:
Nature of Suit:
3791 Empl. Ret. Inc. Security Act
Firms
Companies
Sectors & Industries:
-
October 05, 2020
Justices Reject 4 Benefits Cases, Seek Input On Northwestern
The U.S. Supreme Court has refused to wade into a battle over benefits for Dallas first responders and turned away two other cases hinging on pension withdrawal liability, but it asked the federal government to weigh in on Northwestern University workers' push to revive a proposed class action claiming their retirement savings were mismanaged.
-
September 15, 2020
Justices Urged To Tackle Teamsters, Sun Capital ERISA Suit
A financial reform group is backing a Teamsters pension fund's petition for U.S. Supreme Court review of a First Circuit decision that nixed the pension fund's win on a $9.4 million withdrawal liability tab, saying the circuit court misinterpreted ERISA.
-
August 14, 2020
Justices Told 1st Circ. Created ERISA Loophole For PE Funds
A Teamsters pension plan has asked the U.S. Supreme Court to take up its withdrawal liability fight with Sun Capital, saying a First Circuit decision letting the private equity fund off the hook for $9.4 million in the ERISA suit "creates a loophole that eviscerates the purpose of the statute."