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From Times Staff and Wire Reports

Some Maxwell Pension Assets Found: Neil Cooper, provisional liquidator for Bishopsgate Investment Management, the main Maxwell company that managed Maxwell pension funds, said he has traced and secured about a third of the $1.2 billion in pension fund assets that investigators say were plundered by the late Robert Maxwell. Cooper said he had traced and secured about $412 million of pension fund assets. He said another $378 million in assets were given to third parties as security for loans to other Maxwell group companies and he didn't know whether these assets were recoverable. Another $416 million of the assets appear to have been liquidated and the proceeds transferred to other Maxwell group companies, and this money is probably not recoverable, Cooper said.

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