The administrators handling Berkeley Burke SIPP Administration have blocked the firm's upcoming Court of Appeal hearing following a judgement made against it last year.
The firm's administrators, RSM Restructuring Advisory, said its wider responsibility was towards Berkeley Burke's creditors and the safeguarding of the funds from the estate for the benefit of the creditors. As a result, it had decided not to continue with the appeal. RSM said: "Having considered the position in detail with their professional advisers, the joint administrators have resolved not to continue with the appeal of the judicial review." On 18 September Adrian Allen and Diana Frangou of RSM Restructuring Advisory were appointed as joint administrations of Berkeley Burke SIPP ...
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