Application to enable a settlement agreement to be made which would compromise and release all tracing and other claims between MF Global UK Limited (MFGUK) as trustee of the trust of client money and the general estate of MFGUK acting by its joint administrators.
Held: There was nothing to exclude the statutory power of compromise.
Judges:
David Richards J
Citations:
[2014] EWHC 2222 (Ch), [2014] WLR(D) 294, [2014] Bus LR 1156
Links:
Statutes:
Trustee Act 1925 15, Investment Bank Special Administration Regulations 2011
Jurisdiction:
England and Wales
Cited by:
Cited – Airways Pension Scheme Trustee Ltd v Fielder and Another (3032) ChD 11-Nov-2019
. .
Lists of cited by and citing cases may be incomplete.
Financial Services, Insolvency
Updated: 07 October 2022; Ref: scu.533807