For the trustees of the scheme in a complex case which we settled concerning the scope of amendment powers in the scheme and ill-heath early retirement benefits with implications for other schemes. The Court approved the settlement in February 2022.
For British Airways PLC in its ground-breaking claim against the Trustees of the Airways Pension Scheme over their decision to implement discretionary pension increases above the increases provided by statute, in a scheme with a substantial deficit. We won the case before the Court of Appeal and it has since been settled with approval from the Court.
BHS pension schemes
For Taveta companies in the well-publicised regulatory proceedings brought by the Pensions Regulator against Sir Philip Green and certain group companies by way of financial support directions and a contribution notice in relation to the BHS Pension Schemes. The case was settled.
For Southern Water in novel regulatory proceedings brought by the Pensions Regulator to exercise its scheme funding powers. The case was settled and is the subject of a s89 report by the Regulator.
Lehman pension scheme
For the administrators of Lehman companies in regulatory proceedings brought by the Pensions Regulator for a financial support direction which proceeded to the Upper Tribunal. We successfully defended the case before the Supreme Court over whether the claim was an expense in the administrations and the claim was thereafter settled.
Nortel pension schemes
For Nortel Networks Inc in its dispute with the trustee of the Nortel UK scheme and the PPF over a financial support direction and claims made in the Ch 11 Bankruptcy. The case was settled shortly before it was due to go to trial before the US and Canadian Bankruptcy Court.