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Pub Chain Heading To Trial In Pension Dispute With Trustee

Law360, London (December 13, 2018, 6:22 PM GMT) -- Major U.K. pub and restaurant operator Mitchells & Butlers PLC will go to trial against its pension trustees in 2020 to determine which side wields the power to calculate increased payments to retirees, the High Court in London has indicated.

Mitchells & Butlers Pensions Ltd. has until Jan. 18 to fix a date for trial in its case against the London Stock Exchange-listed company, that should take place after March 5, 2020, Deputy Master Francis Collaço Moraes said in an order. Both sides have until Feb. 6, 2019, to make standard disclosures, according to the order dated Tuesday.

Mitchells & Butlers,...

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