Q. What does pro-rata mean in regards to distributions? A. Clients are paid distributions in proportion to the value of their claims. For example, if the Joint Special Administrators were to declare a distribution rate of 50 pence in the £, 1) A client with a claim of £100 would receive a distribution of £50; and 2) A client with a claim of £4,000 would receive a distribution of £2,000.
WTF.. 50% only... tell me im wrong please. Lets hope they decide on a bigger figure then 50%
WTF.. 50% only... tell me im wrong please. Lets hope they decide on a bigger figure then 50%