Investors in the hedge fund run by Amaranth Advisors, which collapsed last year amid a $6.5bn (€4.9bn) loss, have proposed dropping all potential litigation claims to speed up the payment of remaining capital.

Nick Maounis, founder of Amaranth, forwarded his clients a note he said had been written by investors representing about 10% of the capital in the funds. He said none of these investors are in any way affiliated with his firm and the proposal was made at their own initiative.