Pensions Issues in Mergers and Acquisitions

This Report provides practical advice on the legal and actuarial issues likely to arise in negotiations for the sale or purchase of a UK company or business - and is specifically designed to help the practitioner to react and cope with these issues confidently and successfully. In particular, the authors' in-depth treatment includes the warranties to be sought by the Buyer, legal and actuarial aspects of transfer payments, the effect on such transactions of Article 119 of the Treaty of Rome and the pension aspects of the Transfer of Undertakings (Protection of Employment) Regulations as well as joint ventures and takeovers. Recent case law, the "Barber" and "Coloroll" judgments and the aftermath of the Maxwell affair are also taken into consideration, as is the outcome of the Goode Report - making this the most up-to-date work available devoted solely to this growing area of work.
 
This Report provides practical advice on the legal and actuarial issues likely to arise in negotiations for the sale or purchase of a UK company or business - and is specifically designed to help the practitioner to react and cope with these issues confidently and successfully. In particular, the authors' in-depth treatment includes the warranties to be sought by the Buyer, legal and actuarial aspects of transfer payments, the effect on such transactions of Article 119 of the Treaty of Rome and the pension aspects of the Transfer of Undertakings (Protection of Employment) Regulations as well as joint ventures and takeovers. Recent case law, the "Barber" and "Coloroll" judgments and the aftermath of the Maxwell affair are also taken into consideration, as is the outcome of the Goode Report - making this the most up-to-date work available devoted solely to this growing area of work.