UPDATED Ross Asset investor group wants liquidation put out for tender as Dec. 10 hearing date set

Mon, 26 Nov 2012

(Adds details of receivers costs, memo starting in third paragraph) By Jonathan Underhill Nov. 26 (BusinessDesk) - A group of investors in the failed Ross Asset Management group has asked the High Court to be admitted as a party to proceedings and called for the liquidation of the companies to be put out to tender. A tentative new date of Dec. 10 has been set for the Financial Markets Authority to update the High Court on the Ross Asset Management receivership, by which time receivers PwC is expected to have applied to liquidate the group....

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