15 Nov 2010 | 12:00 am |
International law firm Pinsent Masons has announced the launch of a specialist team to provide expert advice on complex Pensions Regulator/Pension Protection Fund (PPF) cases.
The new team, the Regulator Engagement and Covenant Team (REACT), is drawn from legal experts from the pensions, restructuring and litigation groups. They have unrivalled experience in advising on some of the most complex and high profile Regulator/PPF cases of recent times. This includes work for the trustees of the Nortel Networks UK Pension Plan on the £2bn financial support direction issued by the Pensions Regulator's Determinations Panel.
REACT lawyers will offer specialist advice on how the Regulator's anti-avoidance regime can impact ongoing as well as distressed schemes and give guidance through the complex process to a satisfactory conclusion.
Raj Sharma, partner at Pinsent Masons and member of REACT commented: "The creation of this team is in direct response to increasing demand for expert legal advice in this complex and challenging area. Our experience with a number of recent cases puts us in a unique position to offer this level of expertise to clients. By creating REACT we are able to do just that."
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