Chair of the Trustees of the Schemes – Robin Ellison – an eminent pension lawyer and expert – is appearing before the Works and Pension Committee today to face questions on the Trustees’ actions.
It is not just the main Carillion companies that may now find themselves in severe financial difficulties. Smaller subcontractors may find themselves having to consider their position with regard to the Pension Protection Fund (PPF) and the Pension Regulator.
Since covering the deficit that the Carillion schemes are facing — we take a quick trot through the pension ‘lifeboat’ scheme and what it might mean to the 28,000 members of the 13 Carillion schemes.
As the dust continues to be stirred up following the Carillion collapse, and with a £587m shortfall, now seems a good time to set out what we know so far in relation to the pensions aspects.
Resellers need to tread a careful line when using a brand owner’s marks. Use by an independent garage of BMW’s marks crossed the line between informative use (which is permitted) and misleading use (which is not).
In the latest round of the long running skirmish between confectionary giants Nestlé and Cadbury, Nestlé has lost its appeal to secure trade mark protection for the shape of its four-finger Kit Kat bar.