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    P&I Priority Over a Ship Mortgage: Meet the New Crew Claimants
    2016-09-07

    Cases of vessel and crew abandonment are increasingly in the headlines, as freight rates sink to levels that can fail to cover shipowners' operating expenses.

    Filed under:
    Hong Kong, Banking, Employee Benefits & Pensions, Insolvency & Restructuring, Shipping & Transport, Mayer Brown
    Authors:
    Bill Amos
    Location:
    Hong Kong
    Firm:
    Mayer Brown
    Covid-19 : officially a pandemic
    2020-03-18

    The World Health Organisation (WHO) declared COVID-19 as a “pandemic” on March 11, 2020.

    Filed under:
    India, Company & Commercial, Competition & Antitrust, Employee Benefits & Pensions, Employment & Labor, Immigration, Insolvency & Restructuring, Insurance, Litigation, Public, Cyril Amarchand Mangaldas, Due diligence, Force majeure, Coronavirus, World Health Organization
    Authors:
    Bharat Vasani , Molla Hasan
    Location:
    India
    Firm:
    Cyril Amarchand Mangaldas
    India: NCLT directs PF to be paid before clearing creditors dues
    2018-10-30

    The Government has been working to facilitate the conduct of business in the country, thereby permitting a rapid boost to the Indian economy. Attributable to multiple factors such availability of multiple resources, friendly regulatory mechanism, easy availability of labour, has contributed towards the growth of the industrial sector. Numerous efforts made by the employees of the business corporates have accelerated the pace of development in the nation.

    Labour welfare

    Filed under:
    India, Company & Commercial, Employee Benefits & Pensions, Insolvency & Restructuring, Litigation, SS Rana & Co
    Location:
    India
    Firm:
    SS Rana & Co
    Issues Arising Under The Indian Bankruptcy Code - An International Perspective
    2018-06-04

    It is timely, with further reform of the new Indian Bankruptcy Code (IBC) in prospect, to outline our thoughts on some of the current issues on which various market participants have requested an understanding of the approach and learnings of overseas practitioners.

    Filed under:
    India, Employee Benefits & Pensions, Employment & Labor, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP
    Authors:
    Alexander Aitken , Clive Barnard , Kevin Pullen
    Location:
    India
    Firm:
    Herbert Smith Freehills LLP
    Employment & Benefits 12 Days of Christmas - Bankruptcy and Personal Pension Policies
    2018-12-10

    Provider Beware! Bankruptcy Payment Order May Be Required to Pay a Bankrupt's Pension to Official Assignee

    Welcome to day 3 of our '12 Days of Christmas' series. Today we look back on the effect of bankruptcy on a personal pension policy.

    Filed under:
    Ireland, Employee Benefits & Pensions, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, William Fry, Bankruptcy
    Authors:
    Michael Wolfe
    Location:
    Ireland
    Firm:
    William Fry
    Provider Beware! Bankruptcy Payment Order May Be Required to Pay a Bankrupt's Pension to Official Assignee.
    2018-02-16

    Costello J in the High Court recently gave judgment in the case of In re James Coady (a Former Bankrupt) [2017] IEHC 653. In this case the Official Assignee ("OA") had sought directions in respect of what rights could vest in the OA from the bankrupt's pre-retirement personal pension policy (the "PP"). The bankrupt had reached normal retirement age under the PP after he was adjudicated bankrupt but before he was discharged from bankruptcy.

    Filed under:
    Ireland, Employee Benefits & Pensions, Insolvency & Restructuring, Litigation, William Fry, Bankruptcy, High Court (Ireland)
    Authors:
    Liam Connellan , Michael Wolfe
    Location:
    Ireland
    Firm:
    William Fry
    Pensions Update - Winter 2016
    2016-11-21

    1. BUDGET 2017

    Budget 2017 was announced on 11 October 2016 and the implementing Finance Bill was published on 18 October 2016. Together, they contained two pensions-related initiatives.

    Benefits for Pensioners Increase

    There will be a 5 per week increase in the State pension with effect from 1 March 2017. The timing of the increase will mean that schemes which operate State pension offsets based on the State pension amount in January of a given year will not see a change to the deduction until January 2018.

    Filed under:
    Ireland, Employee Benefits & Pensions, Insolvency & Restructuring, Litigation, Tax, Arthur Cox LLP
    Authors:
    Philip Smith , Sarah McCague , Michael Shovlin
    Location:
    Ireland
    Firm:
    Arthur Cox LLP
    Pensions Update: The Pensions (Amendment) Bill - Stay of Execution For Defined Benefit Schemes?
    2017-02-17

    We examine the scope of the Pensions (Amendment) (No. 2) Bill 2017 and look at the potential impact on defined benefit pension schemes in Ireland, if enacted.

    Filed under:
    Ireland, Employee Benefits & Pensions, Insolvency & Restructuring, Mason Hayes & Curran LLP, Defined benefit pension plan
    Authors:
    Stephen Gillick
    Location:
    Ireland
    Firm:
    Mason Hayes & Curran LLP
    Pensions Authority Issues Guidance on Operation of Pensions Insolvency Payments Scheme
    2016-07-28

    In April 2016, the Pensions Authority published prescribed guidance in relation to the Section 48A procedure under the Pensions Act 1990 (as amended) (the “Pensions Act”).

    Filed under:
    Ireland, Employee Benefits & Pensions, Insolvency & Restructuring, Matheson LLP
    Location:
    Ireland
    Firm:
    Matheson LLP
    New Government legislation programme: industry & sector specific breakdown- Spring/Summer 2015
    2015-01-16

    NEW GOVERNMENT LEGISLATION PROGRAMME: INDUSTRY & SECTOR SPECIFIC BREAKDOWN 19 JANUARY 2015 The Irish Government has published its legislation programme for the Spring/Summer 2015 parliamentary session. There are 32 Bills which are currently before the Oireachtas. In addition, there are 137 proposed Bills set out in the Programme, 41 of which the Government intends publishing during the Spring/Summer Session.

    Filed under:
    Ireland, Arbitration & ADR, Company & Commercial, Construction, Employee Benefits & Pensions, Employment & Labor, Energy & Natural Resources, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, Intellectual Property, Leisure & Tourism, Litigation, Private Client & Offshore Services, Public, Real Estate, Shipping & Transport, Tax, William Fry, Retail
    Location:
    Ireland
    Firm:
    William Fry

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