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Alpari.co.uk Discussion

  • #4,481
  • Feb 25, 2015 3:18am Feb 25, 2015 3:18am
Quoting TheBody
Recourse to the court 200.(1) If the administrator considers that the basis of remuneration for either case in rule 196(1) fixed for the administrator by (a)the creditors committee; or (b)by resolution of the creditors and clients, or as the case may be, a meeting of clients, is insufficient or inappropriate, the administrator may apply to the court for an order changing it or increasing its amount or rate. (source: http://www.legislation.gov.uk/uksi/2...ade?view=plain) This means if you vote against it, they can appeal it in court!...
No u are wrong..this is just fear
if anything it will be a class action..the judge will be forced to change legislation..the judge needs to act in neutral capacity..the voting, this is just a process to indicate u have a say!!..
  • #4,482
  • Feb 25, 2015 3:21am Feb 25, 2015 3:21am
Good to see something is moving. Did you guys print the PDFs, filled them out by hand and sent the scans through email? I see the fields can be selected but not filled out by typing.
  • #4,483
  • Feb 25, 2015 3:28am Feb 25, 2015 3:28am
So what we should to vote?? FOR or AGAINST?

IF with FOR we can end this drama in april with over 90% of money back...it's a good deal anyway.

IF vote AGAINST we can have some trouble in court and more less money and long waiting....i think we should to vote FOR.
myfxbook: neoxis
  • #4,484
  • Feb 25, 2015 3:33am Feb 25, 2015 3:33am
Quoting neoxis
So what we should to vote?? FOR or AGAINST? IF with FOR we can end this drama in april with over 90% of money back...it's a good deal anyway. IF vote AGAINST we can have some trouble in court and more less money and long waiting....i think we should to vote FOR.
do u really need to ask..seriously!!
after everything that has happened to u..u are thinking of giving permission to them to rape u..seriously!!

common!!!!!!!!!!
anyways im off to work..hopefully when i comeback i see some progress
  • #4,485
  • Feb 25, 2015 3:40am Feb 25, 2015 3:40am
If what said from the "thebody" is true...i think is not so easy the decision...if they can appeal on court for have money from ours client pool.
And i think they can have the permission from court...so fi we vote against...there will be the possibility than we gonna waste more money and waiting so long And they will take anyway their fees from our client pool.

Always if is true what said from him..But i think they can do it...or they never put on the meeting.
myfxbook: neoxis
  • #4,486
  • Feb 25, 2015 3:43am Feb 25, 2015 3:43am
Quoting TheBody
Recourse to the court 200.(1) If the administrator considers that the basis of remuneration for either case in rule 196(1) fixed for the administrator by (a)the creditors committee; or (b)by resolution of the creditors and clients, or as the case may be, a meeting of clients, is insufficient or inappropriate, the administrator may apply to the court for an order changing it or increasing its amount or rate. (source: http://www.legislation.gov.uk/uksi/2...ade?view=plain) This means if you vote against it, they can appeal it in court!...
You work for Alpari. You are shareholders
If vote no, clients no pay the fee.
And clients is not responsable to the fee.
KPMG will take the fee from Alpari UK. If want to go in court for more fee will be with Alpari UK.
  • #4,487
  • Feb 25, 2015 3:43am Feb 25, 2015 3:43am
Quoting neoxis
So what we should to vote?? FOR or AGAINST? IF with FOR we can end this drama in april with over 90% of money back...it's a good deal anyway. IF vote AGAINST we can have some trouble in court and more less money and long waiting....i think we should to vote FOR.
I personally would vote FOR it. Be realistic people! Do you really think KPMG havent done this a thousand times with other companies going into administration? No legislations have been changed!

If you want a case study of of a court case disputing remunerations :
http://blogs.lexisnexis.co.uk/randi/...ant-than-time/

Pay close attention to what they say a bit down in the blog....

To what extent is the judgment helpful in clarifying the law in this area?

It is extremely helpful as it goes through the issues in some detail as well as the individual items of work. The most important issue is that it shows the administrators have a job to do, and it is appropriate to do it—even if the creditors don’t want them to.
  • #4,488
  • Feb 25, 2015 3:47am Feb 25, 2015 3:47am
Quoting Tim_isoara
{quote} You work for Alpari. You are shareholders If vote no, clients no pay the fee. And clients is not responsable to the fee. KPMG will take the fee from Alpari UK. If want to go in court for more fee will be with Alpari UK.
I can understand you think i work for Alpari, but i don't. I want what is best for me, and that is to get 90-95% of my money back in March/April, rather than going trough a court case with an unknown outcome!

It is not so easy as vote AGAINST and they will take the fee from Alpari UK, and if you vote FOR they will take money from clients.
  • #4,489
  • Feb 25, 2015 3:48am Feb 25, 2015 3:48am
Quoting TheBody
{quote} I personally would vote FOR it. Be realistic people! Do you really think KPMG havent done this a thousand times with other companies going into administration? No legislations have been changed! If you want a case study of of a court case disputing remunerations : http://blogs.lexisnexis.co.uk/randi/...ant-than-time/ Pay close attention to what they say a bit down in the blog.... To what extent is the judgment helpful in clarifying the law in this area? It is extremely helpful as it...
Yeah. You are a man who work for Alpari
  • #4,490
  • Feb 25, 2015 3:50am Feb 25, 2015 3:50am
Quoting TheBody
{quote} It is not so easy as vote AGAINST and they will take the fee from Alpari UK, and if you vote FOR they will take money from clients.
Thats the point vote AGAINST and they will take the fee from AlpariUK
Its so easy.
  • #4,491
  • Feb 25, 2015 3:51am Feb 25, 2015 3:51am
Quoting Tim_isoara
{quote} Yeah. You are a man who work for Alpari
If you belive so you should contact the administrators of forexfactory and have them investigate me.
They can track my IP.

"Thats the point vote AGAINST and they will take the fee from AlpariUK" - This neither you or I know!
As i said, its not as easy as vote AGAINST they will not take the clients money.
  • #4,492
  • Feb 25, 2015 3:52am Feb 25, 2015 3:52am
Quoting emanco
Good to see something is moving. Did you guys print the PDFs, filled them out by hand and sent the scans through email? I see the fields can be selected but not filled out by typing.
Dude use nitro pro.You can then enter your details.Once you have done that the problem is
how you can sign it.There is a feature in nitro pro which allows you to quick sign ,use it.
So you don't have to print or scan anything.Thanks to navin for the info.
Please let me know if you still have any problems filling the form.
  • #4,493
  • Feb 25, 2015 3:53am Feb 25, 2015 3:53am
Quoting TheBody
{quote} If you belive so you should contact the administrators of forexfactory and have them investigate me. They can track my IP.
Ok. Than use your brain.
If kpmg go on court, go for amount of fee.
Not for, who will paid the fee.
  • #4,494
  • Feb 25, 2015 3:58am Feb 25, 2015 3:58am
Quoting Tim_isoara
{quote} Ok. Than use your brain. If kpmg go on court, go for amount of fee. Not for, who will paid the fee.
Maybe it is you that work for Alpari UK since you want a lengthy court case to suck more of the clients money out of the pool?
  • #4,495
  • Edited 4:14am Feb 25, 2015 3:58am | Edited 4:14am
I will vote in favour of the proposals.
Ive thought about them overnight and it all seems pretty straight forward to me now.
I look at it as Alpari UK no longer exists and KPMG are only there to wind the company up to achieve the best possible outcome for both clients and creditors.
Clients have their funds in the segregated accounts of that there seems to be no doubt whatsoever. The creditors have to hope that the assets of Alpari UK are sufficient enough to cover their claims which I doubt very much.
So if the fee for returning client funds are taken from Alpari UK assets it would be in direct conflict with the creditors interests which at the moment are pretty dire anyway.
If the fees for retuning creditors funds were taken from clients funds would I be happy? No.
So im not going to expect the fee for retuning my funds as a client to be taken from what are now effectively creditors assets.
Thats my opinion but everyone is free to do whatever makes them feel better.
  • #4,496
  • Feb 25, 2015 4:00am Feb 25, 2015 4:00am
Well
What to do now?
  • #4,497
  • Feb 25, 2015 4:05am Feb 25, 2015 4:05am
Quoting TheBody
{quote} Maybe it is you that work for Alpari UK since you want a lengthy court case to suck more of the clients money out of the pool?
Maybe you are just an idiot
  • #4,498
  • Feb 25, 2015 4:11am Feb 25, 2015 4:11am
I am a client.
I vote FOR proposal.
And vote AGAINST , the fee will paid by clients( because I am a client)
Alpari UK have money to pay the fee.
  • #4,499
  • Feb 25, 2015 4:13am Feb 25, 2015 4:13am
Quoting Tim_isoara
{quote} Maybe you are just an idiot
Dude calm down.You are very quick to judge people.
  • #4,500
  • Feb 25, 2015 4:15am Feb 25, 2015 4:15am
Quoting shail31
{quote} Dude calm down.You are very quick to judge people.
I am very calm. Just consisted who is idiot.
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