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Results: 11-20 of 1,044

US Bankruptcy Court backs FSDS in Sea Containers case
  • Freshfields Bruckhaus Deringer LLP
  • USA
  • September 30 2008

The United States Bankruptcy Court for the District of Delaware has approved a settlement agreement between three Sea Containers companies, their unsecured creditors and the trustees of the two pension schemes belonging to the UK subsidiary Sea Containers Services Limited

Don't let your plan become an orphan
  • Fox Rothschild LLP
  • USA
  • January 24 2012

When talking about mergers, acquisitions and maybe even liquidations, retirement plans can sometimes get lost in the shuffle

Second Circuit decision results in significant nondischargeable debt as a result of new PBGC claims arising from pension plan termination in Chapter 11
  • Squire Patton Boggs
  • USA
  • August 26 2009

During the bankruptcy cycle following the recession of 2001, numerous debtors notably airlines such as US Airways and United Air Lines, Inc. undertook “distress terminations” of their ERISA-qualified defined benefit pension plans, which are insured by the Pension Benefit Guaranty Corporation (PBGC

Pennsylvania federal court addresses insolvency exclusion
  • Traub Lieberman Straus & Shrewsberry LLP
  • USA
  • December 1 2011

In its recent decision ACE Capital Ltd. v. Morgan Waldon Ins. Mgmt., LLC, 2011 U.S. Dist. LEXIS 135902 (W.D. Pa. Nov. 28, 2011), the United States District Court for the Western District of Pennsylvania had occasion to consider the scope of an insolvency exclusion in a professional liability policy

First Circuit finds that a private equity fund can be liable for the pension obligations of its portfolio company
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • August 6 2013

In Sun Capital Partners III, L.P. Et al. V. New England Teamsters & Trucking Industry Pension Fund, No. 12-2312, 2013 WL 3814985 (1st Cir. July 24

Illinois and New Jersey pension decisions: implications for bondholders
  • Arent Fox LLP
  • USA
  • July 8 2015

Two important and very different decisions regarding public pensions were recently issued by the Supreme Court of Illinois and the Supreme Court of

Illinois Court rejects Chicago pension reform law
  • Arent Fox LLP
  • USA
  • July 29 2015

Following the lead of the Illinois Supreme Court in In re Pension Reform Litigation, 2015 IL 118585 see Illinois and New Jersey Pension Decisions:

FAQ: recent developments in US law affecting pension and OPEB claims in restructurings (2015)
  • Latham & Watkins LLP
  • USA
  • June 15 2015

Pension plans generally provide for cash payments of retirement income to former employees of the plan sponsor or its affiliates.2 In contrast, OPEB

Reportable event changes for pension plans effective January 1, 2016
  • McDermott Will & Emery
  • USA
  • December 1 2015

Effective January 1, 2016, the Pension Benefit Guaranty Corporation (PBGC) altered the reportable event rules for defined benefit pension plans

America’s public pension crisis: how Congress can address our $1.3 trillion (and growing) unfunded liability
  • Arent Fox LLP
  • USA
  • November 2 2015

Brazil has made international headlines with an exploding pension crisis that is wreaking havoc on public Finances and threatening to take down the