
Publication
International Restructuring Newswire
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
United Kingdom | Publication | March 2025
The DWP has acknowledged industry concerns regarding the implications of the Virgin Media Ltd v NTL Pension Trustees II Ltd judgment on occupational pension schemes and employers.
Pensions Minister Torsten Bell provided an update on the Virgin Media issue by way of an answer to a Parliamentary Written Question from Liberal Democrat MP John Milne. In his response, the Minister noted the representations made to the DWP by pension schemes and industry representatives and acknowledged that where schemes are unable to demonstrate that the reference scheme test had been met, this ‘“could lead to uncertainty and additional costs”. He concluded by saying that although no final decisions have been made, the DWP is “actively considering” its next steps and will provide an update in due course.
Publication
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
As the hospital industry eyes continued cuts to Medicare and Medicaid reimbursement, the US Supreme Court, this week, dealt another blow in its ruling in Advocate Christ Medical Center et al. v. Kennedy, Secretary of Health and Human Services, April 29, 2025.
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