A Question of Responsibility

Daily Mail (January 28, 2005)

Author: Ruth Sunderland

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Summary


WE stirred up a hornet's nest on these pages when we raised the question of property group Minerva's responsibility for Allders' pension fund.

Minerva owns 60pc of Allders, so a layman might well assume that it did have some duties towards the pension scheme members, whose fund has a Pounds 10m deficit.

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Extract


A Question of Responsibility

But au contraire, according to Minerva. It has taken grave exception to any suggestions that it might be responsible.

Its lawyers say it is not on the hook. But how can they be 100pc certain when new p...

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