Pensions

  • Acted on a pioneering transaction in which we advised the trustees of a leading financial services insurance pension scheme on a high-profile, cutting-edge £1.9 billion longevity risk transfer/swap arrangement with a leading global investment bank
  • Litigation on behalf of a Dutch pension fund with regard to instructions given by the Dutch Central Bank to phase out the fund's investment in gold
  • Advice on modifications to previous pension schemes after an acquisition for a global beverage company
  • Advising a leading hotel group on the pension aspects of its debt for equity swap, hailed at the time as the biggest debt for equity swap in UK corporate history
  • Advising a trustee of a fund on nine separate hedge fund/pooled fund investments over the course of 18 months as part of the implementation of a new investment strategy
  • Advised a parent company on the provision of guarantees to the trustees of a UK defined benefit pension scheme, as part of the funding negotiations which the UK employer had with the trustees. We also advised the same company on the provision of benefits for internationally mobile senior employees

Compensation

  • Designing and implementing a benefits cafeteria system for a major international IT company, including obtaining clearance for the system with the Dutch tax authorities
  • Advising a multinational in the semi-conductor business  on a claim by a Belgian ex-employee, temporarily working in the US, for a top-up on his pension plan, taking into account his higher US remuneration
  • Advising a telecom company on the grant of options to its France-based employees in order to qualify for the French preferred tax/social security regime
  • Advising an Italian company on the tax issues relating to a secondment of managing directors to its German subsidiary
  • Advising a multinational client on the tax issues relating to the secondment of the managing director of one group company to serve as managing director of several other companies located in different jurisdictions
  • Review of numerous stock option plans and other employee participation programs for various companies, both for national and international companies
  • Advising on carried interest schemes and lucrative interest schemes for managers and other staff of private equity houses