KPMG’s fees, plus legal and other expenses incurred since January 15, will eat up more than 10% of Alpari UK client funds. Who says that everyone loses in bankruptcy? In less than three months of work as Special Administrator on the Alpari UK insolvency, bankruptcy specialist KPMG has reported that it has already rung up fees of more than £4 million ($6 million) to come out of client funds. KPMG’s fees are charged as a function of the amount of time it spends on the file – the more time spent, the more KPMG charges. And the fees are piling up, we understand from previous filings, at a rate approaching £500 ($750) per ... (full story)