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FAQ: recent developments in US law affecting pension and OPEB claims in restructurings (2015)
  • Latham & Watkins LLP
  • USA
  • June 15 2015

Pension plans generally provide for cash payments of retirement income to former employees of the plan sponsor or its affiliates.2 In contrast, OPEB


Taking it to the wire PPF deny rogue’s charter?
  • Squire Patton Boggs
  • United Kingdom
  • June 11 2015

In February this year, Squire colleagues Paul Muscutt and Helen Kavanagh wrote about the Carrington Wire Defined Benefit Pension Scheme, where the UK


Bankruptcy and pension rights following Horton v Henry - a fairytale ending?
  • Penningtons Manches LLP
  • United Kingdom
  • June 8 2015

In a challenging economy bankruptcy increasingly stands accused of constituting a mechanism for debtors to escape their responsibilities at their


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


Pension Protection Fund new guidance on insolvency practitioner fees
  • Squire Patton Boggs
  • United Kingdom
  • May 21 2015

The UK's Pension Protection Fund (PPF) is about to publish new guidelines to reflect their increased focus on the approval of Insolvency


PPF guidance on office holder remuneration
  • Pitmans LLP
  • United Kingdom
  • May 18 2015

The Pension Protection Fund (PPF) has issued a guidance note on Insolvency Practitioner remuneration which will apply where the insolvent company has


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


When the pension is not protected by the protection fund
  • Squire Patton Boggs
  • United Kingdom
  • May 7 2015

In the United Kingdom, the Pension Protection Fund ("PPF") is the safety net for the employee members of a defined benefit pension plan or scheme


Trustees’ appeal on the meaning of an ‘establishment’ dismissed
  • Hill Dickinson LLP
  • United Kingdom
  • May 6 2015

The Trustees of the Olympic Airlines SA Pension and Life Assurance Scheme -v- Olympic Airlines SA On 29 April 2015, the Supreme Court handed down its


Supreme Court decides Olympic Airlines did not have an establishment in the UK
  • Taylor Wessing
  • United Kingdom
  • May 6 2015

An "establishment" requires business and business activity to be carried out involving dealings with third parties and not simply acts of internal