U.K. Appeals Court expands scope of client money pool and universe of clients eligible for client money pool distributions

Date

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Location
United Kingdom
Authors
Lawrence V. Gelber
Ron Feldman
Firm
Schulte Roth & Zabel LLP
Tags
United Kingdom
Banking
Insolvency & Restructuring
Litigation
Schulte Roth & Zabel LLP
Debtor
Dividends
Investment company
Pro rata
Lehman Brothers
FSA
Court of Appeal of England & Wales
High Court of Justice