Important Creditor Update 29/10/2012 - Extension to 2 November 2012 of the deadline for agreement of claims and other documentation for the first interim distribution to unsecured creditors

Owing to the general business shut-down on the east coast of the United States caused by the impending hurricane, the Joint Administrators have decided to extend the deadline to agree claims in order to qualify for the first interim distribution to unsecured creditors and the Small Claims Settlement Offer to 2 November 2012.  In addition, the Joint Administrators have extended the deadline for creditors to agree transfer notices and client money assignments/waivers and to submit GBP standard settlement instructions for the first interim distribution to the same date. The payment date for the distribution is unaffected.

Should you have any queries regarding the content of this update please contact your existing LBIE contact or the Communications and Counterparty Management team at unsecuredcreditors@lbia-eu.com.