Private equity funds investing in a company should be aware of the possible labor issues that may arise and carefully consider their role in the company.
In a Law360 article, Akin Gump counsel Lauren Leyden, among others, discusses the following issues that private equity funds should be mindful of:
1. Latent wage-and-hour liabilities
2. Human resources after an asset sale
3. Control and liability
4. WARN Act liability
5. Union bargaining obligations
To read the full article on the potential pitfalls, see here.