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Bankruptcy
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Brokers
Breaking: Gallant Capital Markets Files for Bankruptcy Protection
2017-04-15T11:29:19.000+02:00
The company that has been acquired by New Zealand-based firm WSM Invest Ltd filed for bankruptcy in New York
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Avial Trading Corp Reaches Settlement with Ex-Client as Bankruptcy is Dismissed
2016-04-14T16:03:05.000+02:00
Settlement reached as bankruptcy is dismissed for Avail Trading Corp.
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Alpari UK Bankruptcy a Year Later: Costs Rising, CMP Shortfall up to $22m
2016-03-22T20:51:41.000+02:00
A weaker GBP also tapped into the client money pool of Alpari UK clients.
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Brokers
The Emerging Picture Behind Avail Trading Corp's Bankruptcy
2016-03-04T01:46:06.000+02:00
NFA: "We are aware of the situation with Avail Trading Corp."
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Brokers
Investor Suing over Losses Led Avail Trading Corp to File Chapter 11
2016-03-01T17:36:33.000+02:00
Investor losses drove Avial Trading Corp to seek chapter 11 protection.
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Brokers
Avail Trading Corp Files for Chapter 11 in California
2016-02-29T15:20:54.000+02:00
Avail Trading Corp filed for bankruptcy in the US while the UK business continues as a separate entity.
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Brokers
Boston Prime: A Bankruptcy Gone Wrong in so Many Ways
2015-12-09T22:51:04.000+02:00
After a lengthy bankruptcy proceeding, special administrator Rollings Oliver confirms only $900,000 in segregated client accounts
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Prime Brokerage
Alpari Unsecured Creditors to Get Interim Dividend
2015-12-04T17:30:01.000+02:00
The administrator of the bankrupt broker will be paying 14% on each pound lent
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Regulation
Clients of Bankrupt LQD Markets to Claim $4 Mln from UK FSCS
2015-08-28T23:56:06.000+02:00
The insurance scheme is likely to begin compensating clients of the bankrupt brokerage after months of uncertainty
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Prime Brokerage
KPMG Urges Alpari UK's Unsecured Creditors to Submit Their Claims
2015-08-14T20:44:59.000+02:00
The submissions have to be presented no later than the 30th of October by email or post
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Brokers
MF Global's Corzine and Others Settle Lawsuit for $64.5 million
2015-07-07T20:35:55.000+02:00
The latest settlement boosts the investors’ recovery to $204.4 million, while a number of claims remain.
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Brokers
Clients of Alpari UK Receiving Compensation Affected by Fees
2015-06-04T13:23:24.000+02:00
KPMG has clarified to the bankrupt broker's clients that the amounts they receive into their bank accounts may be affected by bank fees
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Regulation
LQD Markets Bankruptcy Hurdles Cleared after 2nd Vote
2015-04-22T14:23:10.000+02:00
The second initial meeting with special administrators has passed with the inclusion of clients in their capacity as creditors
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Regulation
UK FSCS To Start Compensating Alpari UK Clients in May
2015-04-21T09:48:27.000+02:00
Claims will be paid to all customers who claimed with the FSCS in U.S. dollars at an exchange rate of 1.5158 for one British pound
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Brokers
Alpari UK Clients Receive Official Apology from UK FSCS
2015-04-10T18:29:18.000+02:00
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News
Olivier Janssens: Bitcoin Foundation Has No Money Left
2015-04-07T10:00:17.000+02:00
Recently elected Bitcoin Foundation board member Olivier Janssens has levied scathing allegations of mismanagement at the organization.
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Brokers
LQD Markets' Clients Asked to Send Claims via Email By Insolvency Administrators
2015-02-25T19:58:28.000+02:00
Unlike KPMG, that are designing a new Claims Portal website, Baker Tilly lets LQD Markets' clients simply send their claims to a dedicated email address monitored by the team.
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News
CoinTerra Files for Chapter 7 Bankruptcy, Unsecured Creditors Unlikely to Get Paid
2015-01-28T16:29:49.000+02:00
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Brokers
LQD Markets Files for Bankruptcy Protection - UPDATE
2015-01-28T14:45:29.000+02:00
New details shed light on the chain of events that led the UK broker to seek guidance from the FCA, after it lost over a million dollars and failed to find a buyer for 50% of the company in exchange for 500K.
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Brokers
Exclusive: Boston Prime and BT Prime Enter Bankruptcy Proceedings
2015-01-26T17:23:25.000+02:00
Forex Magnates' reporters have confirmed with a Boston Technologies representative that Boston Prime and BT Prime have entered into a bankruptcy procedure in the aftermath of the Swiss franc debacle.
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News
HashFast remnants to be auctioned off in San Francisco, owes $40 million
2014-11-09T12:06:33.000+02:00
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Regulation
FINMA Undergoes Bankruptcy Proceedings against Beleaguered Espirito Santo
2014-09-19T13:57:00.000+02:00
The Swiss Financial Market Supervisory Authority (FINMA) has instigated formal bankruptcy proceedings against Banque Privée Espírito Santo SA, following evaluations that the bank has been over-indebted.
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Analysis
INTL FC Stone’s Sentinel Saga Ends after Seven Years of Legal Battles
2014-08-21T18:43:01.000+02:00
NASDAQ listed INTL FCSTone has issued an announcement outlining that legal options for appealing a court decision from March this year resolving bankruptcy proceedings of the Sentinel Management Group have expired.
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Exchanges
MtGox February Filing Withdrawn Today as Court Appoints Nobuaki Kobayashi Provisional Administrator
2014-04-16T17:04:02.000+02:00
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FMAdmin Someone
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Exchanges
Dallas Courts Allow MtGox Class Action to Continue as Japanese Proceedings Carry On
2014-03-26T10:53:32.000+02:00
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