We comment on the news about Toys R Us insolvency talks
Richard Farr, Managing Director commented in response to the Toys R Us insolvency talks. His comments were published in Pensions Expert.
He was quoted, “Transfers between parents and subsidiaries are not unusual. It’s quite common – unfortunately too common – for employers of schemes to lend money upstream in times of plenty, and of course when it gets tight, they don’t get it back. The transfers will be examined very closely as part of any post-deal analysis”.
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