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Delaware Court Affirms Refusal to Extend WARN Act Liability to Private Equity Sponsor
7 October 2014
View Client Update
Affirming an earlier decision of the Delaware Bankruptcy Court, the United States District Court for the District of Delaware recently held that a private equity sponsor was not liable for its portfolio company’s alleged violations of the WARN Act.
The client update discusses a number of precautions private equity funds and other investors with portfolio companies in distress can take to minimize the risk of “single employer” liability under the WARN Act.
Employee Benefits & Executive Compensation
Richard F. Hahn
M. Natasha Labovitz
George E.B. Maguire
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