High Court allows trustee to crystallise employer debt amount after partial buyout completed | Practical Law

High Court allows trustee to crystallise employer debt amount after partial buyout completed | Practical Law

The High Court has approved a trustee company's proposed partial buyout on winding up, allowing it to maximise the employer debt due under section 75 of the Pensions Act 1995.

High Court allows trustee to crystallise employer debt amount after partial buyout completed

Practical Law UK Legal Update Case Report 7-383-8578 (Approx. 6 pages)

High Court allows trustee to crystallise employer debt amount after partial buyout completed

by PLC Pensions
Published on 03 Nov 2008 • England, Scotland, Wales
The High Court has approved a trustee company's proposed partial buyout on winding up, allowing it to maximise the employer debt due under section 75 of the Pensions Act 1995.