CRA’s team worked for the Penn Central Trustee in connection with litigation the Penn Central valuation case. CRA analyzed the values of Penn Central’s holdings of real estate, rolling stock, locomotives, and all other assets, in addition to the value of profitable portions of Penn Central’s rail lines.
Pension risk transfer litigation: Current trends and economic issues
Introduction to pension risk transfer Defined benefit (DB) pension plans create liabilities that expose plan sponsors to risks such as longevity risk,...