ITV Given 6 Months To Fund Troubled Pension Scheme
Law360, London (March 17, 2020, 5:20 PM GMT) -- The U.K. Pensions Regulator gave television broadcaster ITV a six-month window Tuesday to uphold a court ruling requiring it to provide financial support to a troubled pension scheme.
The free-to-air television network and the regulator have been locked in legal action for eight years over ITV’s responsibilities to the 2,800-member pension scheme of Box Clever — a television rental business that collapsed in 2001 with significant debt.
The Pensions Regulator said it had imposed the deadline after the Supreme Court rejected in February ITV’s latest attempt to challenge the regulator’s 2018 case that the company should support the pension scheme, which has a...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!