KSFIOM Liquidator 29 Aug 2017: Progress Report to Creditors

Category: Newsflash
 The Liquidator's Report to Creditors for the period 10 Jan 2017 to 09 July 2017 is available here
Highlights at 9 July 2017
- 100p in the £ dividends paid to creditors
- £942m of assets recovered (one part-loan in euros outstanding - current sterling value £3.7m; shares & convertible notes received in settlement of parental guarantee still to be sold)
- Judgment received on calculation of interest (to be calculated over period of liquidation & paid pro-rata)
Hits: 1502