Client Money Update - Client Money bar date application - Sixteenth Witness Statement of Russell Downs - 15 October 2018

On 15 October 2018, the Joint Administrators filed the Sixteenth Witness Statement of Russell Downs in support of their application to the High Court for a client money bar date. The Joint Administrators have also filed a draft of the Court Order which they are seeking in the application.

The client money bar date application has been listed to be heard on either 29th October 2018 or 30th October 2018. Further information on the application can be found here.

You can access a copy of the witness statement here and the draft Order here.

The application is for a bar date by which all client money claimants must make their claims with a view to paying a final client money distribution and closing the client money estate. You should contact the Communications and Counterparty Management Team (clientpositionresponses@lbia-eu.com) if you believe that you have a client money entitlement, but we have not sent you a determination of that client money entitlement or have not made a client money payment to you, or if you disagree with our determination of your client money entitlement.

Should you have any queries regarding this update, please contact LBIE’s Communications and Counterparty Management team at clientpositionresponses@lbia-eu.com.