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Results: 11-20 of 1,066

Stockton, California, ruling: bankruptcy court powerless to prevent retiree benefit reductions by municipal debtor
  • Jones Day
  • USA
  • December 1 2012

Amid the economic hardships brought upon us by the Great Recession, the plight of cities, towns, and other municipalities across the U.S. has received a significant amount of media exposure

Coal bankruptcies: complications and risks associated with federal coal legislation
  • Latham & Watkins LLP
  • USA
  • August 29 2012

The recent bankruptcy filing of Patriot Coal Corporation and its reporting of “unsustainable” legacy benefit liabilities have raised the profile of other post-employment benefits (OPEBs, i.e. non-pension retiree benefits) in the coal industry

Pension Benefit Guaranty Corporation issues proposed rule clarifying implementation of Section 404 which treats bankruptcy filing date as "plan termination date" for certain purposes
  • Dentons
  • USA
  • July 17 2008

Bankruptcy practitioners and plan beneficiaries should take note of a little-known ERISA amendment that impacts bankruptcy cases filed on or after September 16, 2006

Unpaid employer contributions as plan assets: expansion of liability under ERISA
  • Proskauer Rose LLP
  • USA
  • April 21 2014

The Employee Retirement Income Security Act of 1974, as amended ("ERISA"), requires trustees of multiemployer pension and benefit funds to collect

Third Circuit concludes that employees’ unvested retiree benefits are protected during an employer’s Chapter 11 bankruptcy
  • Proskauer Rose LLP
  • USA
  • September 3 2010

In re Visteon Corp., No. 10-1944-cv, 2010 WL 2735715 (3d Cir. July 13, 2010), the Third Circuit held that Visteon Corporation (Visteon) could not terminate unvested retiree health and life insurance benefits during a Chapter 11 bankruptcy without seeking court approval pursuant to Bankruptcy Code 1114, 11 U.S.C. 1114

Post bankruptcy petition withdrawal liability treated as administrative expense for priority purposes
  • Hodgson Russ LLP
  • USA
  • August 30 2011

In what is described as a case of first impression, the U.S. Court of Appeals for the Third Circuit has determined that the portion of an employer’s withdrawal liability that is attributable to the period after the date of the petition for bankruptcy is an administrative expense and entitled to priority under bankruptcy law

Are inherited IRAs protected in bankruptcy?
  • Bryan Cave LLP
  • USA
  • May 1 2012

Whether post-death creditor protection is available to inherited IRAs under the 2005 Bankruptcy Act has been the subject of a number of cases decided in the last several years

Anatomy of a Term Sheet: Series A Financing (Q2 2016)
  • McCarter & English LLP
  • USA
  • July 14 2016

A key milestone in the lifecycle of many successful companies (and, admittedly, many unsuccessful companies) is obtaining financing from angel or

Restructuring Liquidation Preferences
  • Wilmer Cutler Pickering Hale and Dorr LLP
  • USA
  • August 16 2016

Job candidates may choose to work for a startup to help build something new, to work in an environment that fosters and rewards creativity, or to get

Central States Pension Fund submits ‘rescue plan’ seeking approval to reduce benefits
  • Franczek Radelet PC
  • USA
  • October 12 2015

On September 25, the Central States Pension Fund (one of the largest multiemployerunion pension funds in the country) submitted to the U.S