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Legal and General under pressure to cut dividend as recession bites (Daily Telegraph)

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Insurer Legal ? General is under pressure to cut its dividend in the face of the deepening recession.


Legal battle looms over Nortel exec bonuses (National Post)

Nortel Networks Corp. has won approval to pay senior executives millions in retention bonuses as part of a plan to keep key personnel from fleeing the company as it undergoes court-protected restructuring. However, a legal battle is looming.