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Horton v Henry 2014 pensions and bankruptcy appeal allowed

  • Norton Rose Fulbright LLP
  • -
  • United Kingdom
  • -
  • February 19 2015

Of general interest is the appeal in the case of Horton v Henry, on which we reported in our January 2015 update. In Horton, the High Court declined

Pension Protection Fund settles moral hazard claim with Russian companies

  • Squire Patton Boggs
  • -
  • United Kingdom
  • -
  • February 18 2015

Carrington Wire Defined Benefit Pension Scheme was set up for the benefit of the employees of Carrington Wire Limited; a Yorkshire based company

Pre May 2000 bankrupt’s pension assets still vest in his trustee in bankruptcy

  • Pitmans LLP
  • -
  • United Kingdom
  • -
  • February 25 2015

In the recent decision of Horton v Henry 2014 EWHC 4209 (Ch) the High Court held that a Bankrupt's unexercised rights to draw his pension did not

Bankruptcy court decides that the Bankruptcy Code preempts California state pension laws

  • Nossaman LLP
  • -
  • USA
  • -
  • February 9 2015

In a February 4, 2015 opinion, the bankruptcy judge presiding over Stockton, California's Chapter 9 municipal bankruptcy case approved Stockton's

UK Supreme Court upholds appeal by Nortel administrators on pension liabilities and the powers of the pensions regulator

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • July 24 2013

The Supreme Court has today ruled on the ranking of certain pension liabilities when issued to companies in administration or liquidation. In a

Can a trustee in bankruptcy force a bankrupt to cash in pension policies?

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • February 10 2015

Pensions in payment were within the ambit of section 310(7) of the Insolvency Act 1986 (the "Act"), but pensions not in payment were not payments to

Horton v Henry 2014 - High Court contradicts earlier case by ruling bankrupt cannot be required to draw pension to pay creditors

  • Norton Rose Fulbright LLP
  • -
  • United Kingdom
  • -
  • January 26 2015

Declining to follow a 2012 decision, the High Court has ruled that a bankrupt's unexercised rights to draw his pension did not represent income to

Showdown in Stockton: CalPERS needs dentist and everyone else needs to talk

  • Squire Patton Boggs
  • -
  • USA
  • -
  • February 19 2015

Bankruptcy Judge Chris Klein recently issued his formal confirmation opinion in Stockton's Chapter 9 bankruptcy case. While there were no real

New Government legislation programme: industry & sector specific breakdown- SpringSummer 2015

  • William Fry
  • -
  • Ireland
  • -
  • January 16 2015

The Irish Government has published its legislation programme for the SpringSummer 2015 parliamentary session. There are 32 Bills which are currently

Third Circuit considering if the ‘police power’ exception to the automatic stay extends to the UK Pensions Regulator

  • Reed Smith LLP
  • -
  • United Kingdom, USA
  • -
  • December 19 2011

One exception to the otherwise far-reaching scope of the automatic stay is the “police power” exception, which permits a governmental unit to commence or continue an action or proceeding that is in furtherance of its police and regulatory powers (section 362(b)(4) of the Bankruptcy Code