Pursuant to Rule 175 of The Investment Bank Special Administration (England and Wales) Rules 2011, the Administrators have issued a notice that the Administrators intend to make a distribution to creditors by way of a second interim dividend to MFGUK’s preferential creditors (if any) and unsecured creditors (the “Second Interim Distribution”).
A copy of the Administrators’ notice (PDF 587 KB) to all known creditors and clients and to the Financial Conduct Authority.
For details as to how to take part in the upcoming Second Interim Distribution, please refer to the notice.
MF Global UK special administration
For the latest updates from the special administrators of MF Global UK Limited please visit our dedicated page.
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This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.