TPR publishes s89 report on Nortel case
The Pensions Regulator (TPR) has published a section 89 report on the use of its anti-avoidance powers in seeking financial support for the Nortel Networks UK Pension Plan.
The report details the action taken to reach a deal - a settlement which was reached in October 2016 between global creditors on the allocation of over US$7bn (£5.6bn) raised from the sale of Nortel's...
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