Law360 Quotes Partner Mark A. Konkel On Labor and Employment Concerns for Private Equity Firms
Partner Mark A. Konkel was quoted in the Law360 article “5 Labor Land Mines For PE Deal-Makers To Avoid.” The article addresses five labor and employment pitfalls that private equity firms should be aware of when seeking to acquire all or part of a company and flip that investment for a profit down the line. The article mentions that private equity buyers must be careful with the role they take in managing these investments, as more control adds the risk of possibly being deemed an employer as opposed to just an investor. Mr. Konkel notes that “during the actual period of ownership, many private equity companies suffer from a false sense of security when it comes to their own liability under labor and employment laws.”