|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 178 (Feb)|
|Neutral Citation:|| EWHC 3757 (Ch)|
Judge David Cooke
|Representation||Keith Rowley QC (instructed by Eversheds LLP) for the claimants.|
|Andrew Simmonds QC and Joseph Goldsmith (instructed by Harvey Ingram Shakespeares) for the defendant.|
|Judgment Dates:||20 December 2012|
Pension - Pensions schemes - Winding up - Debt from employer to scheme trustees - Claimants being trustees of two pension schemes (schemes) - Defendant being principal employer under both schemes - Schemes being wound up - Trustees wishing to implement arrangement to increase amount recoverable from employer - Whether rules of schemes permitting trustees to effect buy out in stages, so that they could interpose fixing of applicable time - Whether rules of schemes permitting partial buy out of guaranteed minimum pension (GMP) rights of any member - .