UK lender’s convening hearing adjourned after FCA raises concerns
English doorstep lender Morses Club and the UK Financial Conduct Authority have agreed on a 17 March deadline to reach a deal on the contents of an explanatory statement and meeting advertisement to be sent to scheme creditors, or face a second convening hearing in a process the lender is using to deal with thousands of redress claims.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.