Second Interim Dividend - 14/10/2013
Based on current information, the Administrators anticipate that there will be sufficient realisations to allow a second distribution to be made to unsecured creditors. On Friday 11th October 2013, the Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of Monday 4th November 2013. A second interim dividend will be paid on or before 3rd January 2014 to creditors with agreed claims. The quantum of the second dividend is not yet known. A copy of the Notice is available here.
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Chief Finance and Administrative Officer for Lead Advisory and Restructuring, PwC United Kingdom
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Performance and Restructuring Partner, UK Head of Insolvency, PwC United Kingdom
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