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Settlement reached in Lehman Brothers financial support direction case

  • Norton Rose Fulbright LLP
  • -
  • United Kingdom
  • -
  • August 28 2014

Again, of interest to all schemes providing defined benefits is the recent settlement in the litigation involving the Lehman Brothers Scheme, where

Liquidators and unsecured creditors beware: interim distribution of employee entitlements may mean later preference recoveries belong to a secured creditor

  • Cooper Grace Ward
  • -
  • Australia
  • -
  • February 18 2013

The recent decision of the Federal Court in Carter in the matter of Damilock Pty Ltd (Damilock) highlights the need for liquidators to review current

Ninth Circuit rules that withdrawal liability may be discharged in bankruptcy

  • Trucker Huss APC
  • -
  • USA
  • -
  • November 1 2013

In a decision that comes as welcome news to some employers, the Ninth Circuit Court of Appeals recently ruled that an employer that incurred

The future for pensions in bankruptcy

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • November 4 2014

In March the Government announced new pension reforms. From April 2015 pensioners reaching 55 years will be entitled to draw down their entire

The Budget 2014 - the impact of the new flexibilities on the pensions of bankrupts

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • May 13 2014

The Chancellor’s 2014 Budget speech revealed significant changes to the way in which pension scheme members will be able to access their savings

Third Circuit rules failure to appeal leaves union and its retirees without a remedy

  • Caplin & Drysdale, Chartered
  • -
  • USA
  • -
  • September 9 2014

On August 28, 2014, the Court of Appeals for the Third Circuit delivered a Stern admonition about the risk of failing to appeal when it ruled that a

A trustee in bankruptcy’s charter?

  • Gateley
  • -
  • United Kingdom
  • -
  • November 4 2014

This week we revisit the ramifications of a landmark personal insolvency case in the context of the equally ground breaking 2014 Budget which

Nowhere to hide: debtor’s pension available to creditors and trustees in bankruptcy

  • Kennedys Law LLP
  • -
  • United Kingdom
  • -
  • April 10 2012

Most pension schemes give the beneficiary an option as to when to start to draw the pension, and whether or not to draw a tax free lump sum

Protect your estate from beneficiary bankruptcy: lessons from Clark v. Rameker

  • Ryley Carlock & Applewhite
  • -
  • USA
  • -
  • September 16 2014

In the preparation of a comprehensive estate plan for a client, an attorney must consider the size of the estate, the manner in which assets are

Court allows creditor to garnish top-hat plan benefits

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • April 18 2013

In Sposato v. First Mariner Bank, 2013 WL 1308582 (D. Md. March 29, 2013), a federal district court allowed the creditor (First Mariner Bank) of a