Search Results for: pensions

“There is a view point that post retirement appointment is itself a scar on the judicial independence of the Judiciary. In fact this is valid and strong point.” – former Chief Justice of India (CJI) Ranjan Gogoi This was the obiter dicta of former CJI Ranjan Gogoi while hearing 18 petitions related to challenges to [...]

A shareholder of renewable energy company Pattern Energy sued the company and its directors and officers on Monday for selling shares too cheaply to a Canadian pension fund. Pattern Energy is a publicly-traded company that has a portfolio of renewable energy projects, and it has a 29 percent stake in a privately-held renewable energy development company [...]

The US Supreme Court heard oral arguments in two cases Monday, the first conducted in 2020. The first case, Lucky Brand Dungarees v. Marcel Fashions Group, asks whether, when a plaintiff raises new claims, a defendant can raise new defenses that were not actually litigated in any prior cases between the parties. The US Court [...]

The Court of the Justice of the European Union ruled Tuesday that Poland violated the laws of the European Union when the country distinguished between the retirement age of male and female judges and prosecutors and gave the Minister of Justice more authority than allowed by law. In July 2017, Poland created a law that [...]

The Brazilian Senate on Wednesday approvedthe final amendments to a sweeping pension reform plan, a day after the main text of the bill was approved. The bill creates a minimum retirement age of 65 for men and 62 for women. The average retirement ages in Brazil before were 56 and 53, respectively. It also increases [...]

Former acting FBI Director Andrew McCabe on Thursday filed a complaint in the US District Court for the District of Columbia against Attorney General William Barr, the US Department of Justice, the FBI and FBI Director Christopher Wray. The lawsuit alleges McCabe was subject to “a politically motivated and retaliatory demotion in January 2018 and [...]

The upper house of India’s parliament approved a bill on Thursday to amend the Right to Information Act of 2005. The bill has already been passed by the lower house of parliament and will become law once it receives presidential assent. Amendments to the law proposed in the bill include changes to the fixed term [...]

The pension reform bill passed by the Chamber of Deputies of the National Congress of Brazil last week will reportedly be delayed possibly as late as August. Pension reform has been a key issue for Brazilian President Jair Bolsonaro since taking office last year. Currently, many Brazilians retire in their mid-50s having contributed to the [...]

Spain’s Council of Ministers on Friday approved national regulatory measures to guarantee expat Britons their right to residency and healthcare access in the absence of a Brexit deal. The temporary measures are intended to “Preserve the interests of citizens, Spanish and British, who exercised their right to free movement before the date of withdrawal and [...]

Judge Lorna Schofield of the US District Court for the Southern District of New York on Tuesday rejected Credit Suisse Group AG’s attempt to dismiss a lawsuit accusing the bank of defrauding shareholders. The lawsuit, brought by pension and retirement plans, accuses Credit Suisse of “defrauding shareholders about its risk appetite and risk management before [...]