Does the Kodak deal mean more RAAs?
Linklater’s Phil Goss and Alasdair Smith ask if Kodak’s settlement with TPR and the PPF will open the floodgates
Kodak's settlement with its UK pension scheme is now well-publicised. But is it a one-off situation or does it signal a sea-change in approach by The Pensions Regulator and PPF?
The transaction Kodak agreed to sell two of its core businesses to the pension scheme to provide mitigation to the scheme. This is because Kodak is being released from its current and future obligations...
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