Second Interim Client Money Distribution Update – 20 June 2014
Further to the update posted on 11 June 2014 which stated the Joint Administrators plan to make a Second Interim Client Money Distribution. The Joint Administrators can now confirm that the Second Interim Client Money Distribution rate has been set at 25.0%. The aggregate distribution rate therefore stands at 48.2%.
As previously stated, payment will be made on or around Friday 27 June 2014 to all eligible beneficiaries.
If you believe that you have a CME and we are not currently discussing it with you please contact clientpositionresponses@lbia-eu.com.
Queries
If you have any questions with regard to this update please contact the Communications and Counterparty Management Team by emailing clientpositionresponses@lbia-eu.com.
Contact us
Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659
