Publication
Generative AI
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | March 2024
The PPF has published a blog sharing its experience of working with overfunded schemes (that is, on a PPF basis) that enter the PPF’s assessment period and how it is helping them to achieve the best possible outcomes for members.
Written by PPF Chief Customer Officer Sara Protheroe, the blog acknowledges that more than half of the schemes that enter PPF's assessment period are now overfunded. Ms Protheroe details how in 2022 the PPF set up its PPF+ Advisory Panel, which specialises in supporting overfunded schemes and has been able to help support 26 schemes working towards securing deals outside the PPF over the past two years.
In a press release published on March 14, 2024, the DB pensions superfund Clara announced that all 10,400 members of the Debenhams Scheme are to be transferred to Clara from PPF assessment, with the scheme beginning its journey over the next 5-10 years to an insured buyout.
Clara will provide £34m of new capital to increase the security of members’ benefits and will provide £4m in back-payments to be paid to members who received reduced pensions during assessment, when member benefits were aligned to PPF Compensation levels.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
The European Court of Human Rights (ECtHR or the Court) recently ruled in Verein KlimaSeniorinnen Schweiz & Ors v. Switzerland (Application No. 53600/20) that Switzerland had breached the European Convention of Human Rights (the Convention) by not taking sufficient action against climate change. In particular, it found a breach of the right to respect for private and family life contained in Article 8 of the Convention, based on Switzerland’s failure to mitigate the impact of climate change on the lives, health, well-being and quality of life of its citizens. It also ruled that Switzerland had breached the right to a fair trial in terms of Article 6, in that the domestic courts failed to examine the merits of the applicants’ complaints, including the scientific evidence. In this article we consider the key features of this landmark judgment, which has wide ramifications for Member States of the Convention.
Publication
We are delighted to announce that Al Hounsell, Director of Strategic Innovation & Legal Design based in our Toronto office, has been named 'Innovative Leader of the Year' at the International Legal Technology Association (ILTA) Awards.
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