English law provides a variety of tools to a party seeking to enforce a judgment or arbitral award. Nevertheless, particularly in an international context, there will be times when the defendant…
The ability to recover assets relating to bribery and corruption can vary greatly depending on where in the world the offence takes place and where any assets are located. A…
The Pensions Regulator (TPR) has published a quick guide for employers to its Code of Practice on Defined Benefit funding, together with a short video. The guide is designed to…
With continued pressure on global equity markets and interest rates remaining at rock bottom, the market for alternative investments is booming. As a consequence, investment fraud is also on the…
When a landlord discovers that its tenant has deliberately breached its lease covenants, it may consider that it has no option but to forfeit the lease. Given the draconian nature…
Following the coming into force of the Public Contracts Regulations 2015 (PCR 2015) in February, the Government has now published drafts of two further sets of regulations, the Utilities Contracts Regulations…
Where a defined benefit pension scheme has a power in the trust deed and rules allowing payment of surplus funds in the scheme back to the employer, it may be…
A recent Pension Protection Fund (PPF) Ombudsman decision concerns a situation where the scheme trustees considered that a guarantee given to the scheme by a holdings company provided good protection…
Welcome to the Autumn 2015 edition of Osborne Clarke’s quarterly trustee update. This summarises the latest pensions developments of interest to trustees and all those involved with the pensions industry. This…
At the moment a member of a defined contribution (DC) occupational pension scheme who leaves the scheme with less than 2 years’ pensionable service can receive a refund of contributions…
A recent Pensions Ombudsman decision indicates that trustees do have flexibility over the timings of cash equivalent transfer value (CETV) applications. Previous Ombudsmen have imposed fairly tight restrictions on the…
A new three-year programme has been announced by the Digital Catapult and the Future Cities Catapult to support and advance the UK’s Internet of Things (IoT) capability. Launched last week…