A service from DG Publishing
Nortel inches closer to PPF-plus as £5bn lockbox opened
The Nortel Networks UK Pension Plan is set to receive more than £1bn in assets from its insolvent sponsor Nortel in the coming months, after US and Canadian courts agreed to open a $7bn (£5.4bn) escrow ‘lockbox’.
Register now for FREE to read this article
If you are already a registered you can SIGN IN now
Register today for free!
It’s quick and easy, and as a registered user you’ll have full access to all Pension Expert articles. You will also be able to recieve editorial emails.
- Full access to all news, analysis and expert comment
- The latest industry insights delivered to your inbox on a Tuesday and Thursday morning
- The Friday Takeaway newsletter reviewing the major events of the week
- Bookmark your favourite articles for easy review
- Hear about and register to attend Pensions Expert and DG Publishing events