Comment: Legislation must avoid clash of titans

Sebastian Cheek's view on Nortel/Lehman

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Lawyers this week told PP that a verdict in the Nortel/Lehman appeal is just around the corner, expected "within weeks". Surely good news for all those involved in the eagerly anticipated and long-running case, you'd think.

However, it is very likely that a verdict will only be the next stage of the ongoing saga around whether the trustees should be given ‘super priority’ in the insolvency of parent companies Nortel N...

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