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Plans aims to speed up Lehman cash

The administrator for Lehman Brothers’ European unit is drawing up a new plan to allow it to distribute a “very significant portion” of £5.6bn of securities assets to creditors. In an October 5 statement, administrator PricewaterhouseCoopers said the alternative plan would seek a speedier return of Lehman assets currently under its control.

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Shortt takes on Joint Equity role

Goldsmith Williams corporate services director David Shortt has joined Joint Equity, a private shared-equity scheme which pairs investors with property buyers.

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