“…The final authority to note is the decision of the Supreme Court in Re Nortel GmbH (in administration) [2013] UKSC 52, [2014] AC 209. The principal issue was whether a financial support direction issued under statutory powers by the Pensions Regulator to a company after it had…”
“…The very broad reach of the definition of provable debts was emphasised by the Supreme Court in Re Nortel GmbH (in administration) [2013] UKSC 52, [2014] 1 AC 209. Lord Neuberger quoted the Report of the Review Committee on Insolvency Law and Practice (1982) (the Cork Report) which at para 1289 stated th…”