Kirkland, Maitland gain clarification of client money liquidation process
Kirkland & Ellis and Maitland Chambers have secured a High Court ruling that has clarified the position for creditors of Financial Services Authority (FSA)-regulated companies that deal with client money. The liquidators of derivatives broker Global Trader Europe (GTE), Stephen Cork and Joanne Milner of Smith & Williamson, asked the court for clarification on how […]