Lehman Brothers

The latest Pensions Bill has made it easier for The Pensions Regulator to use its moral hazard powers by removing the current two-year time limit, lawyers say.

Government should address current insolvency laws to stop pension schemes becoming "super-creditors" following the Nortel and Lehman Brothers ruling, the Confederation of British Industry says.

In the second part of our run-down of the top 20 most read Professional Pensions Online news articles in 2010, we look at the 10 most popular stories of the year.

The High Court ruling granting trustees ‘super priority' in obligations arising from a financial support direction against insolvent companies "desperately cries out for legislative intervention", lawyers say.

UK/US/CANADA - A financial support direction issued by The Pensions Regulator against insolvent companies is an expense of the administration and must be complied with, the High Court has ruled.

The Pensions Regulator is expected to argue in the High Court today that a liability that flows from a financial support direction should be treated as an administration expense.

UK/US - Administrators for Nortel Networks and Lehman Brothers are challenging The Pensions Regulator in the High Court over the watchdog's ability to impose a financial support direction against them.

Administrators for Nortel Networks and Lehman Brothers are challenging The Pensions Regulator in the High Court over the watchdog's ability to impose a financial support direction against them.

Regulator determination panel says US parent was source of contributions

The Pensions Regulator's determinations panel issued a veiled warning to the watchdog this week in its latest reasoning for a financial support direction.