Wedgwood Museum In Administration Over Pension Debt
The question is whether or not the assets are held in trust by the museum or whether they're available for creditors to pillage. The Wedgwood Museum opened in 2008 and is home to an exhibition of more than 250 years of the company's history. Because five of the museum trust's staff were in the same pension plan as the employees of the whole pottery company somehow the museum got left holding the bag. The prize-winning museum hopes to be able to keep its valuable assets intact and to keep the museum open to the public. Wedgwood was founded in 1759, but Waterford Wedgwood was created in 1987. It went into administration in January 2009.