• Insolvency Insider UK
  • Posts
  • WealthTek LLP (in special administration) – lessons for distribution plans under the Investment Bank Special Administration Regulations Regime

WealthTek LLP (in special administration) – lessons for distribution plans under the Investment Bank Special Administration Regulations Regime

The team at Weil, Gotshal summarise a recent High Court judgment approving a distribution plan proposed by the joint special administrators of WealthTek, but rejecting the inclusion of a reserve for potential litigation.