MFS creditors claim $1.8 billion shortfall, Bloomberg News reports

Creditors of UK’s Market Financial Solutions face a £1.3 billion shortfall, according to court filings.

Source: Reuters (via feed)




Creditors of the United Kingdom’s Market Financial Solutions face a shortfall of 1.3 billion pounds, about $1.75 billion. This information comes from recent court filings reported by Bloomberg News.

The filings also revealed a network of companies closely linked to the collapsed mortgage lender’s owner.

Market Financial Solutions had collapsed before these court documents were filed.

BizTrendWire Insight:

Court filings provide details on the creditor shortfall and related company links in the Market Financial Solutions case.


Read full story on Reuters

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