Regulator and PPF appeal rulings in Nortel case

Jonathan Stapleton
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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 ...

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