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

7.8.09
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.