Nortel and Lehman join forces to challenge TPR powers - UPDATED

clock

Nortel Networks and Lehman Brothers have joined forces to challenge The Pensions Regulator's ability to issue them with a financial support direction.

Lehman Brothers Holdings' European unit and Nortel Networks Corp appeared in the High Court today to challenge the law on the regulator's use of a financial support direction (FSD). The two firm...

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 Regulation

Mansion House speech: What could a Maple 8 model mean?

Mansion House speech: What could a Maple 8 model mean?

Jasmine Urquhart asks how a Canadian model could be implemented and how the LGPS could help

Jasmine Urquhart
clock 13 November 2024 • 7 min read
Bank of England meets expectations with 25 basis point rate cut to 4.75%

Bank of England meets expectations with 25 basis point rate cut to 4.75%

'Continued progress' on disinflation

Valeria Martinez
clock 07 November 2024 • 6 min read
PSIG launches petition on member scam support

PSIG launches petition on member scam support

Group calls for change in the way pension and investment fraud victims are treated by HMRC

Jasmine Urquhart
clock 31 October 2024 • 1 min read
Trustpilot