In the News Detail
news headline
Canadian Firm Wins Pensions Case
SOURCE
Business Insurance
AUTHOR
Gloria Gonzales
DATE
May 26, 2008
David Vincent, Co-Chair of our Pension and Benefit Plans team, was quoted in Business Insurance magazine addressing the Burke vs. Hudson's Bay Co. case before the Ontario Court of Appeal. The court ruled in favour of pension plan sponsors.
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Excerpt
If the Supreme Court overturns the decision in Kerry (Canada) Inc. vs. DCA Employees Pension Committee-also seen as a positive ruling for employers-it may limit the influence of the Burke decision, pension lawyers say.
"I think (Burke) is a kind of companion decision to the Kerry case," said David Vincent, senior partner and co-chair of the pensions and benefits group of Ogilvy Renault L.L.P. in Toronto. "If the Kerry case gets overturned by the Supreme Court of Canada, then this one is also in jeopardy."
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