Patrick Kennedy

Partner

Manchester

contact details

• e: Patrick Kennedy
• dt: +44 (0) 161 836 7788
• df: +44 (0) 161 836 7701
• m: +44 (0) 7713 401 335

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Expertise

Patrick is a highly experienced pensions lawyer qualified to practice in both England & Wales and the Republic of Ireland. He works on all aspects of pensions law including advisory, transactional and trustee appointments.

Experience

Patrick has spoken at national and international seminars on a range of subjects including pensions and insolvency, public sector pensions, pensions related negotiations and the pensions aspects of corporate transactions.

Patrick is a full member of the Association of Pension Lawyers and is the Chairman of the North West Association of Pension Lawyers.

Successes

Patrick founded Entrust Pension Limited in 1994 and has extensive international experience arising out of his UK pensions legal advisory and trustee work including the following:

Work on an apportionment arrangement following the reorganisation by a French parent company of its UK group which operated in the aviation sector.

Dealing with section 75 pension liability issues for a UK entity with a German parent operating in the optics sector. Another matter involved assisting trustees of a UK entity with a German parent company in the nuclear industry. The German parent made an application for clearance to the Regulator. We assisted the trustees in hard fought negotiations which resulted in over £20 million being paid to the scheme.

Conducting negotiations concerning the funding of pension schemes with Indian based parent companies.

Advising a consortium bidding for the purchase of a nationalised utility industry based in Republic of Ireland.

Negotiating with the Dutch-based parent company of a UK subsidiary which operated a UK based pension scheme. This has involved obtaining Dutch legal advice on a guarantee provided by the parent company to Entrust.

Assisting with UK-based pension arrangements where the parent company is based in the USA. This included one particularly acquisitive market leading US entity with worldwide interests. Patrick Kennedy has worked in Allen & Overy's New York office.

To view all of Patrick Kennedy's international experience, please click here

Interests

Patrick's collection of vintage mandolins includes Celtic, acoustic and Neapolitan instruments. He enjoys playing both mandolin and piano and writing speeches for public occasions. His sporting interests include triathlon, half marathons and playing football. He supports the breed societies associated with the Pyrenean Mountain Dog, Pyrenean Mastiff and Swedish Vallhunds.