Emerging Challenges in the University Sector: - Hicks Morley
Emerging Challenges in the University Sector: - Hicks Morley
Emerging Challenges in the University Sector: - Hicks Morley
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Halliburton Group Canada Inc. v. Alberta,2010 ABCA 254• Court of Appeal agreed that members’ right – to have<strong>the</strong>ir best average salary calculated at retirement –was accrued• Inconsistent with prior decisions which held that anaccrued right is determ<strong>in</strong>ed time of amendment• Reason<strong>in</strong>g <strong>in</strong> Halliburton highly fact-specific based onterms of <strong>the</strong> plan <strong>in</strong> question• FSCO has publically stated that its current conversionpolicy will not be changed <strong>in</strong> light of Halliburton• However, Halliburton <strong>in</strong>creases litigation risk<strong>Emerg<strong>in</strong>g</strong> <strong>Challenges</strong> <strong>in</strong> <strong>the</strong> <strong>University</strong> <strong>Sector</strong>:Stay<strong>in</strong>g a step ahead – March 28, 201222
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