Eldon Street Holdings Limited (in administration)

This site provides information regarding the progress of the administration of Eldon Street Holdings Limited (“Eldon Street”).

Eldon Street entered administration on 9 December 2008. The current Joint Administrators are AV Lomas, SA Pearson, DA Howell, JG Parr and GE Bruce. The Joint Administrators manage Eldon Street’s affairs, business and property as agents without personal liability. All the Joint Administrators (the “Administrators”) are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales.

AV Lomas, SA Pearson, DA Howell, JG Parr and GE Bruce are Data Controllers of personal data as defined by the Data Protection Act 1998. PricewaterhouseCoopers LLP will act as Data Processor on their instructions. Personal data will be kept secure and processed only for matters relating to the administrations.

Eldon Street Claim Submission Information

The Joint Administrators applied to Court for permission for Eldon to become a distributing administration. That permission was granted on 24th June 2013, and Eldon now has a formal legal process for agreeing creditors’ claims. Therefore, we have provided a Eldon Street Statement of Claim form which can be downloaded here, and we encourage all creditors to submit their claims in short order. The Administrators request that all claimants use this form for consistency, and all claims should be submitted with full supporting documentation. Please execute your Statement of Claim and upload as a PDF and email to the following address: eldonstreet@lbia-eu.com.

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a first distribution to be made to unsecured creditors. The Administrators have issued a Notice of Proposed Distribution to all known creditors who have not yet proved their debt stating a last date for proving of Friday 30th August 2013. A first dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Updates

Creditors are updated on the progress of the administration of Eldon Street through the Administrators’ six monthly progress reports and via this website. We encourage creditors who believe they may be entitled to claim against Eldon Street to continue to check this website for relevant information.

Pursuant to Rule 2.47 of the Insolvency Rules 1986, the Administrators' progress reports issued to date have been sent to all known creditors and counterparties. Each report provides an account of the steps that have been taken in the administration of Eldon Street over a six month period. To view the past reports please click on the applicable link below:

• Eldon Street - Joint Administrators' Eleventh Progress Report dated 25 June 2014 for the period 9 December 2013 to 8 June 2014
• Eldon Street - Joint Administrators’ Eighth Progress Report dated 20 December 2012 for the period 9 June 2012 to 8 December 2012
• Eldon Street - Joint Administrators’ Seventh Progress Report dated 2 July 2012 for the period 9 December 2011 to 8 June 2012
• Eldon Street - Joint Administrators’ Sixth Progress Report dated 4 January 2012 for the period 9 June 2011 to 8 December 2011
• Eldon Street - Joint Administrators’ Fifth Progress Report dated 6 July 2011 for the period 9 December 2010 to 8 June 2011  
• Eldon Street - Joint Administrators’ Fourth Progress Report dated 6 January 2011 for the period 9 June 2010 to 8 December 2010
• Eldon Street - Joint Administrators’ Third Progress Report dated 7 July 2010 for the period 9 December 2009 to 8 June 2010  
• Eldon Street - Joint Administrators’ Second Progress Report dated 6 January 2010 for the period 9 June 2009 to 8 December 2009  
• Eldon Street - Joint Administrators’ First Progress Report dated 7 July 2009 for the period 9 December 2008 to 8 June 2009