Successor May Be on Hook for Pension Withdrawal
Via Bna.com, By Lisa Nagele-Piazza, bna.com July 27, 2015 An employer’s corporate successor may be responsible for its $661,978 in multiemployer pension fund withdrawal liability under a theory of successor liability, even though the employer withdrew from the fund after it sold its assets, the U.S. Court of Appeals for the Seventh Circuit ruled July 27. The U.S. Supreme Court and the Seventh Circuit have … Continue reading Successor May Be on Hook for Pension Withdrawal