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https://www.mondaq.com/uk/InsolvencyBankruptcyRe-structuring/118010/Financial-Support-Directions-in-Insolvency-Super-Priority-
The High Court has handed down an important judgment in joint proceedings brought by the Lehman Brothers and Nortel administrators relating to the Pensions Regulator's power to issue "financial support directions" (FSDs) against companies after they have entered into insolvency.
https://www.jonesday.com/en/insights/2012/10/financial-support-directions-and-insolvency-the-pensions-regulators-view
Summary. On 26 July 2012, the Pensions Regulator (the 'Regulator') issued a statement on financial support directions (FSDs) with the intention of providing further guidance and comfort with regard to the circumstances in which it will issue an FSD after a company has been placed into administration.
https://www.reedsmith.com/en/perspectives/2011/10/financial-support-directions-and-insolvency-part-2
Oct 18, 2011 · Financial Support Directions and Insolvency Part 2 - The Court of Appeal. Home Perspectives Financial Support Directions and Insolvency Part 2 - The Court of Appeal. As you may recall, the High Court ruled in December 2010, in a case brought by the administrators of 20 insolvent companies in the Lehman and Nortel groups, that the cost of ...
https://www.lexology.com/library/detail.aspx?g=ee736ea1-73c2-45f1-bbbb-d00201e64d98
Sep 20, 2012 · On 26 July 2012, the Pensions Regulator (the 'Regulator') issued a statement on financial support directions (FSDs) with the intention of providing further guidance and …
https://www.eversheds-sutherland.com/global/en/what/articles/index.page?ArticleID=en/Pensions/speedbrief_financial_directions_insolvency_reg_view_260712
Jul 26, 2012 · Financial support directions and insolvency: the Regulator's statement. In October 2011 the Court of Appeal confirmed that where the Pensions Regulator (Regulator) exercises its financial support direction (FSD) power against a company in insolvency, the liability which arises ranks as an expense in the insolvency process which means it has "super priority" ahead of many other creditors ...
https://www.mondaq.com/uk/InsolvencyBankruptcyRe-structuring/150182/Financial-Support-Directions-And-Insolvency-Part-2--The-Court-Of-Appeal
As you may recall, the High Court ruled in December 2010, in a case brought by the administrators of 20 insolvent companies in the Lehman and Nortel groups, that the cost of complying with a financial support direction ("FSD").
https://www.pensionsage.com/pa/contribution-notices-financial-support-directions-and-insolvency
In a judgment that brought relief throughout the pensions and insolvency industries, the Supreme Court has decided that obligations arising from financial support directions (FSDs) or any subsequent contribution notice (CN) rank as unsecured debt, whether the FSD or CN was issued before or after the commencement of insolvency. What's the issue?
https://uk.practicallaw.thomsonreuters.com/9-501-0805?transitionType=Default&contextData=(sc.Default)
Pensions Regulator: financial support directions: a quick guideby Practical Law PensionsRelated ContentA quick guide to the power of the Pensions Regulator to impose a financial support direction under the Pensions Act 2004.Free Practical Law trialTo access this resource, sign up for a free, 14-day trial of Practical Law.Free trialAlready registered?
https://www.jonesday.com/files/Publication/526f197d-e24a-4f55-84ba-5e92f84c9ce2/Presentation/PublicationAttachment/b6b14ec9-d47d-4060-934e-6c2871a55d00/Financial%20Support.pdf
Financial Support DirectionS anD inSolvency: the penSionS regulator’S view OCTObeR 2012. 2 of post-insolvency priority ranking. Further, the Regulator has stated that in most circumstances it will not object to an application issued by an administrator to reorder the statu -
https://www.burges-salmon.com/-/media/files/publications/open-access/financial_support_directions_downgraded_in_insolvency.pdf
the suggestion that Insolvency Rule 2.67(1)(f) (which concerns expenses) might be interpreted such that all liabilities arising under statute as expenses of administrations and/or liquidations. The full judgment is now live. Briefing Insolvency Financial Support Directions downgraded in insolvency July 2013
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