NOW AVAILABLE: ARCHIVED AUDIO WEB CAST!
Employee Benefits in Bankruptcy & Workouts: An Update
A 90-minute TeleConference/Live Audio Webcast
Thursday, October 5, 2006
1:00-2:30 pm ET / 12:00-1:30 pm CT / 11:00 am-12:30 pm MT / 10:00 am-11:30 am PT
The Pension Protection Act of 2006, enacted on August 17, will impact distressed companies with underfunded pension plans, as well as their employees. Panelists will also discuss how the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 is working after its first year and recent cases of note.
Topics will include:
-
How the new pension funding rules may affect bankruptcy priorities
-
Restrictions on shutdown benefits, benefit increases and lump sums
-
Penalties for funding nonqualified executive compensation
-
Freeze of PBGC guarantees when companies file for bankruptcy
-
Increased funding of multiemployer plans in troubled industries and benefit restrictions
-
New PBGC exit premiums for terminated single-employer plans, due after companies reorganize
-
Kaiser Aluminum, United Airlines and other recent PBGC decisions
-
How restrictions on key employee retention programs (KERPs) are working under BAPCPA
-
The Supreme Court’s decision on the priority of workers’ compensation premiums
-
Retiree medical litigation
Moderator:
Nell Hennessy, Fiduciary Counselors Inc., Washington, DC
Panelists:
Mark Wintner, Stroock & Stroock & Lavan LLP, New York, NY
Babette Ceccotti, Cohen, Weiss and Simon LLP, New York, NY
John R. Cornell, Jones Day, New York, NY
