The University of Ibadan on Wednesday urged the National Industrial Court sitting in Ibadan to dismiss a wrongful termination of appointment suit filed by a Senior lecturer, Dr. Adenike Ogunshe.
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Sprayregen, and Mazza explain that the combined provisions of Chapter 11 of the United States Bankruptcy Code and Employee Retirement Income Security Act of 1974 (ERISA), as well as ERISA 4042 show that the US legal framework on insolvency and pension provide for both:
Voluntary termination, and involuntary termination of pension plans