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Administrations freed from pension liability chains

2013-08-05 13:04:11| Telecom - Topix.net

IN AN EAGERLY AWAITED JUDGMENT the Supreme Court unanimously upheld the appeal brought by Nortel Networks and Lehman Brothers in their long-running litigation against the Pensions Regulator over the issue of whether pension scheme liabilities should have "super-priority" in corporate insolvencies.

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