A critical ruling in the Nortel legal case has big repercussions for international insolvencies involving pension schemes, Natasha Browne hears
The Nortel UK Pension Scheme had 40,000 members and a deficit of £2.1bn when the company went bust in 2009. During the strenuous six-year legal battle to keep the scheme out of the Pension Protecti...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date