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UK's Top Court Says Lehman Pension Funds Aren't Prioritized

By Stewart Bishop (July 24, 2013, 5:48 PM EDT) -- The U.K.'s Supreme Court on Wednesday ruled that pension funds vying for position in Lehman Brothers Holdings Inc. and Nortel Networks Inc. bankruptcies cannot jump ahead of other creditors, overturning rulings which supported a regulator's order that the defunct companies must funnel about £2.25 billion ($3.6 billion) to pensioners....

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