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CLAIMS AGAINST MF GLOBAL UK LIMITED
Guy Butler has just executed the purchase of a client money claim
against MF Global UK Limited (in special administration).
The transaction was structured to enable the claimant to receive
a portion of their money immediately so that their business could
resume trading. The balance of monies will be split between the
claimant and the purchaser when they became available. Our client
would also consider purchasing general creditor or trapped security
claims. We believe that this may be the first significant secondary
sale of MF Global UK Ltd claims.
We would also be interested in purchasing residual claims against
MF Global Inc. Purchases can be structured in similar ways to give
the selling claimant a share in the ultimate proceeds returned.
January 2012
Please contact Paul Curtis Hayward or Mark Laurie to discuss.
Further Information:
Richard Fleming, Richard Heis and Mike Pink of KPMG LLP were appointed
as the "Joint Special Administrators" of MF Global UK Limited following
an application to the High Court in London by the directors of MF
Global UK Limited on Monday 31 October 2011.
See (www.kpmg.co.uk/mfglobaluk)
Details on the US Chapter 11 bankruptcy proceedings of MF GLOBAL
HOLDINGS LIMITED can be found here www.mfglobalcaseinfo.com/
Guy Butler Limited is authorised and regulated by The
Financial Services Authority and is a member of the London
Stock Exchange.
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