New York executive compensation and benefits counsel David Olstein co-moderated "The Pension Benefit Guaranty Corporation Speaks on the Early Warning System and the Sun Capital Decision," a teleconference presented on March 12 by the Association of the Bar of the City of New York. During the program, the Pension Benefit Guaranty Corporation's (PBGC) chief counsel and chief of negotiations and restructuring discussed the PBGC's "early warning" program and recent developments affecting the liability of private equity funds and non-U.S. companies for the unfunded pension obligations of U.S. subsidiaries.

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