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Results: 1-10 of 338

Stockton Judge: pension obligations are not impervious to impairment in Chapter 9 bankruptcy. What comes next?

  • Kelley Drye & Warren LLP
  • -
  • USA
  • -
  • October 16 2014

The perception that public employee pension obligations cannot be impaired in bankruptcy suffered a damaging blow several months ago in the City of

California bankruptcy judge rules that state law does not protect pension fund from municipal bankruptcies

  • Cooley LLP
  • -
  • USA
  • -
  • October 15 2014

On October 1, a bankruptcy judge ruled that the pension agreement between Stockton, California and Calpers, California's massive state-run pension

Major changes afoot to calculating the PPF levy

  • Bond Dickinson LLP
  • -
  • United Kingdom
  • -
  • September 30 2014

Earlier this year, the Pension Protection Fund (PPF) published its consultation on the second PPF Levy Triennium (201516 to 201718) which proposed

Legislation only for Olympic Airlines does not assist trustees of other schemes

  • Pitmans LLP
  • -
  • United Kingdom
  • -
  • September 17 2014

New legislation came in to force on 21 July 2014 with the intention of granting entry to the Pension Protection Fund (the "PPF") for those members of

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

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

Pensions Regulator settles Lehman case

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • September 3 2014

After six years of legal action and investigations, the Pensions Regulator (TPR) has agreed a £184 million settlement with PwC, administrators for

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

Lehmans: Pensions Regulator FSD proceedings settled

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • August 19 2014

The Pensions Regulator has announced, following several years of proceedings and court skirmishes, that a compromise has been reached in relation to

Section 363(f) retires ERISA-based successor liability claims

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • August 11 2014

As this Blog has discussed in a number of recent posts, free and clear sales under section 363(f) of the Bankruptcy Code often lead to disputes over