Executive compensation and benefits head Regina Olshan and counsel David Olstein spoke during a Bloomberg BNA webinar titled "Sun Capital Partners: Impact on Private Equity Fund Exposure to Pension Liabilities" on November 19. The program examined the impact of the U.S. Court of Appeals for the First Circuit's decision in Sun Capital Partners — holding that a private equity fund constitutes a “trade or business” for purposes of ERISA pension plan liability provisions — on private equity funds and the structuring of private equity transactions.