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- 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.