Sun Capital Partners III, LP, et al v. New England Teamsters & Trucki

  1. November 25, 2019

    1st Circ Axes $9.4M Award To Pension Fund In PE Case

    A First Circuit panel has vacated a $9.38 million award to a Teamsters pension fund in a case against Sun Capital Partners Inc., saying the private equity firm isn't responsible for $4.5 million in pension debt of a business two of its hedge funds invested in.

  2. October 07, 2019

    Frustrated 1st Circ. Seeks Guidance In Pension Fund Suit

    A frustrated First Circuit asked Monday why it had not been given any guidance from the Pension Benefit Guaranty Corp. in determining whether two Sun Capital private equity funds owe a Teamsters pension fund $9.38 million after a metals manufacturer went bankrupt and stopped making pension contributions.

  3. March 05, 2019

    1st Circ. Urged To Nix Teamsters' $9.4M Pension Fund Win

    A duo of Sun Capital private equity funds has urged the First Circuit to reverse a lower court ruling that they owe a union pension fund $9.38 million after a bankrupt metals manufacturer quit contributing to the fund, saying neither held enough of a stake to be subject to withdrawal liability under federal law.