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Legal Alert: s75 debts allowed in a CVA in the amounts fixed by the scheme actuary

22 May 2008
Mayer Brown Newsletter
22 May 2008 - In a decision handed down yesterday1, the High Court concluded that supervisors of a company voluntary arrangement (“CVA”) should allow claims arising under s75 Pensions Act 1995 (“PA”) (in relation to a pension scheme deficit) in the amounts fixed by the scheme actuary, rather than in the amounts estimated by the supervisors.
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