KSFIOM Liquidator 31 Aug 2018: Progress Report to Creditors

Category: Newsflash

The Liquidator's Report to Creditors for the period 10 Jan 2018 to 09 July 2018 is available here

Highlights at 9 July 2018
- 100p in the £ dividends paid to creditors
- Creditors must have filed Proofs of Debt by 5 September 2018
- Creditors who have been admitted need do nothing further

Re final distribution:

3.4 It is intended that one further dividend will be paid to creditors in respect of each class of interest. Whilst the timing and amount of the dividend cannot yet be determined with certainty, it is expected to be paid around the end of November 2018. Any delay in the resolution of the proceedings noted in 3.3 above would most likely delay the dividend.

Hits: 220