Canadian court shuns regulator's Nortel appeal

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CANADA/UK - A Canadian court has once again prevented UK-based The Pensions Regulator from issuing a warning notice to recover £2.1bn (US$3.1bn) from Nortel Networks in Canada.

Last week, The Court of Appeal for Ontario upheld a previous decision blocking the regulator's attempt to issue a warning notice against Nortel Networks in Canada because it breached the stay princ...

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