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High Court rejects Amigo rescue plan, shares tank
(Sharecast News) - Shares of Amigo Holdings tanked on Tuesday after the High Court rejected a rescue plan by the guarantor lender that would have seen compensation payments capped.
Read moreMon, 22nd Jun 2020 08:03
(Sharecast News) - Shares of Amigo Holdings tanked on Tuesday after the High Court rejected a rescue plan by the guarantor lender that would have seen compensation payments capped.
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Read more(Sharecast News) - Amigo Holdings shares tanked on Friday after a temporary trading suspension was lifted, with the guarantor lender's fate hanging in the balance as it awaits a court decision on its rescue plan.
Read moreTRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss
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Read moreAmigo shares suspended as crucial court hearing gets underway
Read moreSMALL-CAP WINNERS & LOSERS: UK FCA to oppose Amigo scheme's sanction
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Read more(Sharecast News) - Amigo Holdings said on Tuesday that most of its creditors have voted in favour of a rescue scheme that will see them get less compensation for misselling than they are owed, but the Financial Conduct Authority looks set to oppose it on the basis that it's not fair.
Read more(Sharecast News) - The UK High Court gave the green light overnight for Amigo Holdings's creditors to vote on the guarantor lender's proposed scheme of arrangement.
Read moreREPEAT: SMALL-CAP WINNERS & LOSERS: Amigo up on court approval of plan
Read moreSMALL-CAP WINNERS & LOSERS: Amigo up on court approval of claims plan
Read moreIN BRIEF: Amigo customers to vote online on claims settlement scheme
Read moreAmigo shares jump after scheme of arrangement wins FCA reprieve
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