Other Surplus Litigation

The Joint Administrators continue to provide regular information updates on this website regarding the Applications to seek a determination on various issues:

• the claims of Barclays Capital Inc in its unsecure and Client Money estates (“Barclays”);
• the application of withholding tax legislation to payments of statutory interest (“UK Withholding Tax”);
• unpaid statutory interest should LBIE go into liquidation (“Statutory Interest Lacuna”); and
• the application challenging the decision to admit the proof of debt submitted by Olivant Investments Switzerland S.A. ("Olivant")
• Firth Rixson / collection of 2(a)(iii) amounts