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Asset Buyers Beware: PBGC Attempts to Hold Asset Buyer Liable for Seller’s Underfunded Single Employer Pension Plan Termination Liabilities
  • Paul Hastings LLP
  • USA
  • February 1 2017

A federal district court recently rejected the Pension Benefit Guaranty Corporation’s attempt to hold a buyer of assets liable for the seller’s

Funds Talk: February 2017
  • Kramer Levin Naftalis & Frankel LLP
  • European Union, USA
  • February 1 2017

As the new year begins, U.S. regulators highlighted the areas - some new and some familiar - which will be the focus of their examinations in the

First-tier Tribunal rules that growth share issue created a preference under the EIS rules
  • RPC
  • United Kingdom
  • January 30 2017

On 29 November 2016, the First-tier Tribunal held that the issue of growth shares to certain key employees had inadvertently caused an existing class

The Financial Report, News from Asia and the Pacific
  • DLA Piper LLP
  • Asia-Pacific
  • January 26 2017

The SFC and The Stock Exchange of Hong Kong Limited (SEHK) announced that they issued a joint statement regarding the price volatility of stocks

Guardians of New Zealand Superannuation Fund & Ors v Novo Banco, S.A. 2016 EWCA Civ 1092
  • Ashfords LLP
  • European Union, Portugal, United Kingdom
  • January 25 2017

Following the collapse of Banco Espirito Santo, the Court of Appeal held that a $835m loan had not been transferred to Novo Banco. This case concerns

Preview of 2017
  • Herbert Smith Freehills LLP
  • European Union, OECD, United Kingdom
  • January 10 2017

2017 will see major changes to the UK legal landscape, with Article 50 of the Treaty on European Union expected to be triggered by the end of March

Australia Law Year in Review 2016 and Year to Come 2017
  • Linklaters LLP
  • Australia
  • January 5 2017

From 1 January, a new MAAL (broadly based on the first limb of the United Kingdom's Diverted Profits Tax) applies to 'significant global entities' to

Trustee in Bankruptcy's right to access pension income
  • Burges Salmon LLP
  • United Kingdom
  • December 15 2016

In the case of Horton v Henry, the Court of Appeal has recently upheld the High Court’s decision that a Trustee in Bankruptcy cannot compel a bankrupt

Second Court of Appeals Win for State Street Bank in $200 Million Chrysler “Top Hat Plan” Class Action
  • McDermott Will & Emery
  • USA
  • December 7 2016

“Top hat plans” have many attractive features, but a new court decision is a reminder that top hat plan participants have limited protections under

Trustee quarterly update - 1 December 2016
  • Addleshaw Goddard LLP
  • European Union, United Kingdom
  • December 5 2016

In its judgment in Horton v Henry the Court of Appeal has held that where a bankrupt member has a right to draw benefits, but has not yet chosen to do