KirklandPEN Kirkland & Ellis LLP

Private Equity Newsletter — March 24, 2009

This issue includes the article “TARP/AIG Bonus Bill Could Affect Private Equity Firms and Their Portfolio Companies,” which outlines how the new House bill prompted by the recently paid AIG bonuses could affect virtually any bonus payments made by a company related to a recipient of more than $5 billion in TARP funds. Also featured is “Private Equity Firm Files Lawsuit Against Two of Its Allegedly Defaulting LPs,” which states that lawsuits like CapGen are rare, as capital contribution defaults by LPs have been few and far between, even amid the current global financial crisis.