Judge Blocks MFS CEO’s Pick to Oversee Unit of Failed Lender

A London court blocked a bid by the chief executive officer of collapsed property lender Market Financial Solutions Ltd. to have his preferred officials oversee the insolvency of one of...

By Jonathan Browning, Constantine Courcoulas, Donal Griffin · Bloomberg Markets

A London court blocked a bid by the chief executive officer of collapsed property lender Market Financial Solutions Ltd. to have his preferred officials oversee the insolvency of one of the group’s entities.