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Sun Capital PE Funds Count As Businesses, 1st Circ. Says

By Beth Winegarner ( July 24, 2013, 9:28 PM EDT) -- The First Circuit found Wednesday that two Sun Capital Partners Inc. private equity funds qualified as businesses, reviving a case over whether the funds became liable for a $4.5 million debt bankrupt Scott Brass Inc. owed a trucking-union pension fund after Sun Capital bought the metals manufacturer....

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