Regulator remains a threat to restructures
Business as usual for TPR after Bonas
Lawyers at Mayer Brown have described The Pensions Regulator's issuance of its scaled-down Bonas contribution notice as a "pyrrhic victory".
TPR was originally on the prowl for more than £20m from Bonas' parent firm Michel Van de Weile NV after a pre-pack sale left the pension scheme adrift. However, the watchdog eventually got just £60,000...
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