A lifeboat with conditions: new guidance from the PPF

The Pension Protection Fund (“PPF”) has updated its approach to employer restructuring guidance and its general guidance for restructuring and insolvency professionals. These documents set out certain criteria that should be met when making proposals to the PPF in respect of a sponsoring employer suffering an insolvency event.

1. The PPF Approach to Employer Restructuring:

Filed under:
United Kingdom, Employee Benefits & Pensions, Insolvency & Restructuring, Reed Smith LLP, Accessibility, Shareholder, Liability (financial accounting), Investment funds, Refinancing, Sponsor (commercial), Valuation (finance), The Pensions Regulator (UK), Pension Protection Fund, Trustee
Authors:
Rebecca Thorp , William Sutton
Location:
United Kingdom
Firm:
Reed Smith LLP