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Guidance on client money claims resolution and distribution process

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Published on: 28 June 2013
Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

  • Original news
  • Why did the problem arise?
  • What did the court decide?
  • What was the basis for the court's jurisdiction to give directions?
  • What does this mean in practice?

Article summary

Restructuring & Insolvency analysis: How should client money claims be dealt with and when can administrators distribute funds? The case of Re MF Global UK approved a process to establish a bar date and deal with rejected claims.

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Jurisdiction(s):
United Kingdom

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