Regulator and PPF appeal rulings in Nortel case

Jonathan Stapleton
clock

UK - The Pensions Regulator is appealing a court decision to stop its attempts to seek £2.1bn (US$3.2bn) from Nortel Networks on behalf of the struggling UK pension scheme.

The watchdog said it was "surprised" by the decisions of the US and Canadian courts at the end of February (Global Pensions; March 1, 2010). It said it has filed a motion for leave to appeal in ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight Video: Risk settlement for defined benefit pension schemes

Partner Insight Video: Risk settlement for defined benefit pension schemes

Leah Evans, partner at Aon
clock 25 April 2025 • 1 min read
Partner Insight: Understanding your current pension scheme surplus options

Partner Insight: Understanding your current pension scheme surplus options

Aon
clock 24 April 2025 • 1 min read
TPR: Superfund market needs scale to take on small schemes

TPR: Superfund market needs scale to take on small schemes

TPR blog champions role of superfunds and confirms DB consolidation is a ‘positive’

Jasmine Urquhart
clock 23 April 2025 • 2 min read
Trustpilot