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France: Macron law adopted
  • Herbert Smith Freehills LLP
  • France
  • September 28 2015

Law n2015 990 for growth, activity and equality of economic opportunities, the Macron Law, was finally adopted on 6 August 2015. This law covers a

Odds and ends PPF guidance on pre-packs, schemes of arrangement and review of bills of sale
  • Burges Salmon LLP
  • United Kingdom
  • September 22 2015

This month's summary of "also ran" update items forms a fairly eclectic mix, however some useful items can be pulled out of them. PPF guidance to

Updated regulator guidance August 2015: employer covenant
  • Pitmans LLP
  • United Kingdom
  • September 9 2015

The Regulator has updated its guidance on assessing and monitoring the employer covenant in order to help trustees apply the defined benefit funding

Lenders prevail over pensioners in Grant Forest appeal
  • Stikeman Elliott LLP
  • Canada
  • August 13 2015

On August 7, 2015, the Ontario Court of Appeal (ONCA) released its decision in Grant Forest Products Inc. v. The Toronto-Dominion Bank. The decision

Indalex pension decision considered by Ontario Court of Appeal
  • Osler Hoskin & Harcourt LLP
  • Canada
  • August 11 2015

Following the Supreme Court of Canada decision in Sun Indalex Finance, LLC v. United Steelworkers, 2013 1 S.C.R. 271 (Indalex), creditors and their

Pension Protection Fund issue new pre-pack administration guidance
  • Squire Patton Boggs
  • United Kingdom
  • August 5 2015

New guidance from the Pension Protection Fund (PPF) regarding pre-packaged administrations (pre-packs) outlines their approach to pre-packs when the

Government supported litigation funding for liquidators. Recent changes to the Fair Entitlements Guarantee scheme
  • McCabes
  • Australia
  • July 31 2015

The Fair Entitlements Guarantee Act 2012 (Cth) requires the Commonwealth Government to pay outstanding superannuation, annual leave, redundancy and

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:

  • 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

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