Source: All England Reporter
Publisher Citation: [2001] All ER (D) 28 (Apr)
Neutral Citation: [2001] UKHL 20
Court: House of Lords
Judge:

Lord Slynn of Hadley, Lord Steyn, Lord Hoffmann, Lord Clyde, Lord Scott of Foscote

Representation Jonathan Sumption QC, Nicholas Warren QC and Christopher Nugee QC (instructed by Linklaters & Alliance) for International Power plc.
  Andrew Simmonds QC (instructed by Pinsent Curtis Biddle) for the group trustees of the NP scheme.
  Alan Steinfeld QC and John Stephens (instructed by Lovells) for the representative member of the NP scheme.
  Christopher McCall QC, Peter Crampin QC and Michael Furness QC (instructed by Eversheds) for National Grid plc.
  Nigel Inglis-Jones QC and Geoffrey Topham (instructed by Finers Stephen Innocent) for the members of the NG scheme.
  Paul Newman (instructed by Dibb Lupton Alsop) for the trustees of the NG scheme.
Judgment Dates: 4 April 2001

Catchwords

Pensions - Occupational pension scheme - Construction of scheme - Actuarial surplus in scheme - Whether employers entitled to treat accrued liabilities to fund as discharged - Whether arrangements to treat accrued liabilities to fund as discharged amounting to payment to employers out of moneys of scheme.

The Case

Practice Areas

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