PwC faces $1bn lawsuit over bad MF Global advice
Accounting Firms

PwC faces $1bn lawsuit over bad MF Global advice

10y Richard Crump , Writer

PwC faces $1bn lawsuit over bad MF Global advice

PwC's advice on "repurchase-to-maturity" transactions was a substantial cause of the 2011 collapse of MF Global, judge claims Read More...

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MF Global administrators could make 100% return to creditors
Business Recovery

MF Global administrators could make 100% return to creditors

11y Rachael Singh

MF Global administrators could make 100% return to...

KPMG administrators highlight possible 100% return and the conclusion of several legal disputes in latest creditor report Read More...

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MF Global administrators agree deal that could increase creditors’ return
Business Recovery

MF Global administrators agree deal that could increase creditors’ return

11y Rachael Singh

MF Global administrators agree deal that could inc...

KPMG administrators have managed to arrange a deal that, if approved, will see an increased and quicker return to creditors Read More...

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KPMG administrators rack up £51.6m fees at MF Global
Business Recovery

KPMG administrators rack up £51.6m fees at MF Global

11y Rachael Singh

KPMG administrators rack up £51.6m fees at MF Glob...

Administrators charge £51.6m for 13 months' work on world’s first special administration Read More...

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Ex-MF Global customers file lawsuit against PwC auditors
Audit

Ex-MF Global customers file lawsuit against PwC auditors

12y Rachael Singh

Ex-MF Global customers file lawsuit against PwC au...

Collapsed bank’s customers file complaint against PwC claiming it failed to properly examine MF Global’s control over customer funds Read More...

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High Court gives MF Global administrators right to return £54m
Business Recovery

High Court gives MF Global administrators right to return £54m

12y Rachael Singh

High Court gives MF Global administrators right to...

KPMG administrators had their application to distribute assets approved, which could see creditors receive payment as early as 1 August Read More...

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MF Global UK administrators will take US arm to court
Business Recovery

MF Global UK administrators will take US arm to court

12y Rachael Singh

MF Global UK administrators will take US arm to co...

KPMG administrators confirm they will fight a claim of $700m from the US arm of the collapsed bank in court Read More...

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KPMG: $1bn of MF Global client money locked in banks
Business Recovery

KPMG: $1bn of MF Global client money locked in banks

12y Rachael Singh

KPMG: $1bn of MF Global client money locked in ban...

Administrators will sue to retrieve $1bn of client money locked in other financial institutions Read More...

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No such thing as a simple administration
Business Recovery

No such thing as a simple administration

12y Accountancy Age

No such thing as a simple administration

Shane Gleghorn explains why a recent Supreme Court Lehman Brothers judgment could mean for administrators appointed to a financial instituion Read Mor...

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KPMG courts controversy over MF Global client details
Business Recovery

KPMG courts controversy over MF Global client details

12y Kevin Reed , Writer

KPMG courts controversy over MF Global client deta...

MF Global clients angry as KPMG publishes their details Read More...

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KPMG racks up £14m in fees at MF Global UK
Business Recovery

KPMG racks up £14m in fees at MF Global UK

12y Rachael Singh

KPMG racks up £14m in fees at MF Global UK

Administrators announce £14m fees since appointment in November Read More...

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MF Global UK creditors to agree administrator fees
Business Recovery

MF Global UK creditors to agree administrator fees

12y Rachael Singh

MF Global UK creditors to agree administrator fees

KPMG administrators are currently chairing the first creditor meeting for MF Global stakeholders which will outline repayment plans and their remunera...

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KPMG still to locate nearly 20% of MF Global funds
Business Recovery

KPMG still to locate nearly 20% of MF Global funds

12y Rachael Singh

KPMG still to locate nearly 20% of MF Global funds

MF Global administrators salvage £594m of ringfenced funds but still need to retrieve £200m Read More...

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KPMG administrators set MF Global timeline
Business Recovery

KPMG administrators set MF Global timeline

12y Rachael Singh

KPMG administrators set MF Global timeline

Administrators hope to return money to creditors by the middle of next year Read More...

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KPMG sells MF Global UK’s shares to JP Morgan
Business Recovery

KPMG sells MF Global UK’s shares to JP Morgan

12y Rachael Singh

KPMG sells MF Global UK’s shares to JP Morgan

Creditor owed about £740m buys MF Global UK’s 625,000 shares in London Metal Exchange Read More...

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Administrators make 400 redundancies at MF Global UK
Business Recovery

Administrators make 400 redundancies at MF Global UK

12y Rachael Singh

Administrators make 400 redundancies at MF Global ...

Uncertainty for staff as KPMG begins special administration regime at collapsed investment business MF Global UK Read More...

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Has MF Global changed the insolvency landscape?
Business Recovery

Has MF Global changed the insolvency landscape?

12y Rachael Singh

Has MF Global changed the insolvency landscape?

The special administration rules applied to MF Global have raised questions about whether it is circumventing insolvency rules to treat creditors equa...

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MF Global UK administrators hope to release funds soon
Business Recovery

MF Global UK administrators hope to release funds soon

13y Rachael Singh

MF Global UK administrators hope to release funds ...

‘Special administrators' from KPMG are aiming for a speedy return of funds to creditors Read More...

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MF Global appoints CFO
Company News

MF Global appoints CFO

16y Alex Hawkes

MF Global appoints CFO

J Randy MacDonald joins broker spun out of Man Group Read More...

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