PRIVATE CLIENTS of collapsed investment bank MF Global are angry that KPMG administrators have published their details in the creditors report.
Insolvency legislation allows for parts of the report to be redacted under application from administrators, however KPMG’s join special administrators decided against such action, reported the FT.
James Nicholls, an insolvency lawyer acting for a creditor group, said the special administrators should have protected private client identities.
The list includes details of individuals from across the world, including Switzerland, Italy and the US.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children