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PPF entry: Problems for pension trustees after Olympic Airlines
  • Freshfields Bruckhaus Deringer LLP
  • European Union, United Kingdom
  • May 26 2016

Pension scheme trustees will generally be concerned to try to ensure that the “safety net” provided by the Pension Protection Fund (PPF) remains

Joint evidence session between the work and pensions and business innovation and skills select committees on the collapse of BHS - day two: adviser group 1
  • Penningtons Manches LLP
  • United Kingdom
  • May 25 2016

Monday 23 May saw the turn of the advisers. This update concentrates on what we will call "adviser group 1" comprising Emma King, the trustees pension

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

Treasury Department Rejects Central States Pension Fund's Benefit Reduction Proposal
  • Franczek Radelet PC
  • USA
  • May 9 2016

As we discussed in a prior alert, in September 2015 the Teamsters' Central States Pension Fund submitted a proposed "rescue plan" to the U.S

Sunny side up or sunny side down (what is it with pension liabilities . . .)?
  • Squire Patton Boggs
  • United Kingdom
  • April 26 2016

The latest iteration of the Sun Capital litigation has confirmed once again what many restructuring professionals have known for a long time - that

New Wormhole in Chicago’s Pension Black Hole
  • Squire Patton Boggs
  • USA
  • April 18 2016

NASA defines a black hole as a place in space where gravity is relentless and pulls so much that not even light can get out. And, so it goes with

Brexit: The possible legal implications of a UK withdrawal from the EU
  • Bond Dickinson LLP
  • European Union, United Kingdom
  • April 14 2016

On 23 June 2016 the British people will vote on whether the UK should remain a member of the EU or leave the EU.As our clients would expect, Bond

Court Finds Sun Funds Liable for Withdrawal Liability of Portfolio Company
  • Haynes and Boone LLP
  • USA
  • March 31 2016

On remand by the First Circuit Court of Appeals, the Federal District Court of Massachusetts found Sun Capital Partners III, LP (“Sun Fund III”) and

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

Teamsters Local Pension Fund Latest to Request Reduction in Vested Member Benefits
  • Jackson Lewis PC
  • USA
  • February 5 2016

Citing the threat of future insolvency, a New Jersey Teamsters Local Pension Fund has applied to the U.S. Treasury Department for permission to