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UK bankruptcy and pension payments
  • Taylor Wessing
  • United Kingdom
  • July 4 2016

There have been conflicting decisions on whether a person may be made the subject of any income payments order (IPO) This case suggests that the

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

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

  • Blake Cassels & Graydon LLP
  • Canada
  • July 9 2015

As discussed in our May 15, 2015 Blakes Press Release: Historic Trial and Landmark Decision in Allocation of Nortel Estate: Significant Victory for

Historic trial and landmark decision in allocation of Nortel estate: significant victory for Nortel pensioners whose benefits were at risk
  • Blake Cassels & Graydon LLP
  • Canada
  • May 15 2015

On May 12, 2015, the Ontario Superior Court of Justice and U.S. Bankruptcy Court delivered an unprecedented joint ruling in the multi-jurisdictional

Pension pot luck for English trustees in bankruptcy
  • Squire Patton Boggs
  • United Kingdom
  • January 13 2015

The recent English High Court decision in Horton v Henry 2014 EWHC 4209 (Ch)has conflicted with the earlier decision in Raithatha v Williamson

Unincorporated association obtains order for winding-up on prospect of entering PPF - Construction Confederation case
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 22 2010

In the case of In the matter of Construction Confederation and In the matter of the Insolvency Act 1986 2009 EWHC 3551 (Ch), the trustees of the Construction Confederation Staff Pension Scheme have obtained an order for winding up of the sponsoring employer, an unincorporated association

NSW court finds that section 556 priorities do not apply to trust assets
  • Corrs Chambers Westgarth
  • Australia
  • March 4 2016

The statutory order of priority as it relates to a superannuation guarantee charge liability was considered in the New South Wales Supreme Court

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 trusts: further developments regarding fees and priorities
  • Hall & Wilcox
  • Australia
  • May 11 2016

On 23 February 2016, Justice Brereton of the Supreme Court of New South Wales handed down a decision In the matter of Independent Contractor Services