UK Pension Protection Fund guidance on restructurings - .PDF file.
By Brian Cain
The Pension Protection Fund (PPF) has recently published an explanatory statement entitled ‘Restructuring and insolvency: the PPF approach’.
Partly a pre-emptive strike to reduce criticism and partly a simple guide to what the PPF may require in any restructuring or insolvency, the guide is a good brief summary of the types of issues that might arise on a restructuring or insolvency where the PPF is involved.
The explanatory statement sets out the seven principles that will guide the PPF in any situation…
Click on the link below to read the rest of the Taylor Wessing briefing.