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Pensions Update
  • Arthur Cox
  • European Union, Ireland, United Kingdom
  • September 14 2016

A change to the Revenue Commissioner's administrative procedures, effective from 22 June 2016, means that former defined benefit scheme members whose

Fraudulently Obtained Unemployment Benefits are not Dischargeable in Bankruptcy
  • Foster Swift Collins & Smith PC
  • USA
  • August 26 2016

State unemployment benefits are paid pursuant to a system that relies on trust. Benefits are paid based on representations made by claimants that they

What Are Excessive Pension Contributions?
  • Freeths
  • United Kingdom
  • August 31 2016

Section 342A and the further associated provisions within the Insolvency Act 1986 ("the Act") provide a Trustee in Bankruptcy with the power to apply

Lessons from Nortel: what do the recent allocation decisions mean?
  • Macfarlanes LLP
  • Canada, United Kingdom, USA
  • May 28 2015

Around 33,000 UK-based pensioners of the Nortel group look set to receive a greater share of the group’s $7bn worldwide assets, following a joint

Deemed trusts in the context of bankruptcy and insolvency
  • Blake Cassels & Graydon LLP
  • Canada
  • October 16 2015

In 2009, Grant Forest Products Inc. (GFPI) and related companies (collectively, Applicants) sought protection under the Companies’ Creditors

Moral hazard powers of the Pensions Regulator: how do they apply against a company in insolvency?
  • Freshfields Bruckhaus Deringer LLP
  • United Kingdom
  • August 1 2016

Third parties associated with an employer may find themselves liable to contribute to the employer's occupational pension scheme. Where a pension

Pension Protection Fund changes following Olympic Airlines case
  • Mayer Brown LLP
  • European Union, Greece, United Kingdom
  • July 18 2014

The regulatory amendments drawn up by the Secretary of State for Work and Pensions following the outcome in Trustees of Olympic Airlines SA Pension &

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

Horton v Henry has the position with pensions and bankruptcy been turned on its head again ?
  • Taylor Wessing
  • United Kingdom
  • April 2 2015

Just before Christmas last year, the High Court handed down a judgment in a bankruptcy case which was contrary to a High Court decision in a previous

Guidance on Income Payment Orders: pensions and medical insurance
  • Charles Russell Speechlys LLP
  • United Kingdom
  • June 1 2016

In Hinton v Wotherspoon 2016 EWHC 623 (CH), Jason Freedman and Aziz Abdul successfully secured an Income Payments Order (“IPO”) on behalf of the