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Pension & Benefits Law Briefing Note: Nolan v. Kerry (Canada) Inc.

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07.08.09

Lisa Chamzuk

On August 7, 2009, the Supreme Court of Canada released its much anticipated decision in Nolan v. Kerry (Canada) Inc. The high court voted 5-2 in favor of upholding a 2007 lower court decision which backed Kerry’s ability to pay plan administration expenses using plan assets.