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COURT OF APPEAL ENGLAND AND WALES
SINGAPORE AIRLINES LTD & ANOR – Appellant
Versus
BUCK CONSULTANTS LTD – Respondent
| Table of Content |
|---|
| 1. background of the case and parties involved. (Para 1 , 2) |
| 2. facts introduce the appeal and its context. (Para 3) |
| 3. definitions of key terms relevant to the case. (Para 5 , 6 , 7) |
| 4. judge's rulings on issues related to payments. (Para 10 , 11 , 12 , 13 , 14 , 15) |
| 5. observations on the terms 'earnings', 'basic remuneration' and fluctuating emoluments. (Para 16) |
| 6. arguments surrounding the interpretation of 'earnings'. (Para 17 , 19 , 21 , 22 , 23 , 29 , 30) |
| 7. interpretation issues regarding definitions in the 1981 rules. (Para 20) |
| 8. court's reasoning on including fluctuating emoluments. (Para 36 , 41 , 59) |
| 9. judgment affirms the inclusion of certain benefits within 'earnings'. (Para 38 , 39 , 40) |
| 10. conclusion on costs and appeals. (Para 64 , 66 , 69 , 77) |
| 11. discussion on the implications of cost orders regarding the trusteeship. (Para 67 , 68) |
| 12. final ruling on appeals and interpretation of issues. (Para 78) |
[1] This is an appeal by Singapore Airlines Ltd ("SA") from the order of Peter Smith J dated 20 January 2011. It raises important points about the meaning of "Earnings" for the purposes of The Singapore Airlines Pension and Life Assurance Scheme ("the Schem
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