Update â Waterfall II Application (the â Applicationâ ) â Skeleton Arguments and Fourteenth Witness Statement of Anthony Victor Lomas â 29 October 2015

Pursuant to paragraphs 37 (1) and (2) of the order of Mr Justice David Richards issued following the case management conference held on 9 March 2015 (available here), the parties have filed skeleton arguments in advance of the Tranche C hearing which is due to commence on 9 November.    

The skeleton arguments in respect of Issues 10-16, 18, 19 and 27 are being published in advance of the hearing so that non-respondent creditors may understand the positions which the respondents now intend to advance.  Accordingly, copies of these skeleton arguments can be found below:


On 29 October 2015, the Joint Administrators also filed the Fourteenth Witness Statement of Anthony Victor Lomas in support of their skeleton argument dated 23 October 2015, a copy of which can be found below:

The Fourteenth Witness Statement of Anthony Victor Lomas

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

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