Raquel is the leading Silk in the area of pensions and insolvency. She has led on many high profile cases on behalf of the Pensions Regulator (and won all of them), including on Nortel and Lehman in the Supreme Court.
She has acted for the trustees of the Kaupthing Singer and Friedlander pensions scheme in their successful proceedings against the company in administration relating to the provability of the section 75 claim.
Her wealth of experience in this area also makes her a favourite to advise clients facing investigations and/or action by the Pensions Regulator against them.
Significant cases include:
Desmond & Ors v The Pensions Regulator (2015) Upper Tribunal
Lehman Brothers v The Pensions Regulator (2014)
£184 million settlement payment (the largest sum paid to a pensions scheme) represented a full-buy out of Lehman’s member benefits.
Re Storm Funding (2013)
Concerning the maximum quantum payable under a s.47 contribution notice.
Nortel & Lehman v The Pensions Regulator (2013) Supreme Court
Liabilities under a financial support direction (FSD) issued against an insolvent company would rank as a provable debt.
BESTrustees v Kaupthing Singer & Friedlander (2013)
Established the assignability of s.75 debt.
Re Sea Containers (2007)
The first case where a financial support direction was issued.