Lemma claims will not be met in full says liquidator
Outstanding claims against Gibraltar-based insurer Lemma could start to be paid this autumn, but there will not be enough money in the estate to pay all claimants, according to the official liquidator.
Under Gibraltar's legislation, insurance creditors have priority over their non-insurance counterparts, but in a letter to creditors Frederick White of Grant Thornton warned that "the current level of
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