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Private Investment Fund Newsletter - PBGC Determination Extends Pension Liabilities of a Portfolio Company to the Private Equity Fund Which Controls It and to Other Portfolio Companies Controlled by the Fund

9 January 2008
Mayer Brown Newsletter
January 2008 - The U.S. Pension Benefit Guaranty Corporation ("PBGC") recently released a copy of a decision by its Appeals Board rendered on September 26, 2007, in which it concluded that a private equity fund was engaged in a trade or business for purposes of pension liabilities to the PBGC.

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