The FT have reported that the Alpari administrators, KPMG have given up trying to sell the failed broker whole and are now looking to break up the company and have already sold the intellectual property back to Andrey Dashin, the founder and main shareholder.
The statement said that the;
“disposal of the intellectual property “will recover value for the company’s creditors,” it said, adding that: We continue to speak to buyers about sales of other parts of the company’s business.”
114 employees had left the company after the collapse with 52 staying on to assist KPMG
For Alpari clients still waiting on the outcome of their accounts, there’s still no further word on what’s happening. This news could mean that negative balances will be chased soon as KPMG will be looking to claw back the losses to the company.
