On 23 December 2015, the Joint Administrators notified creditors that the parties to the Application intended to make further written submissions on a number of issues further to the judgments of Mr Justice David Richards in relation to Tranches A and B of the Application, and pursuant to the consequential issues hearing before the Judge on 9 October 2015 (that update is available here).
In accordance with the agreed timetable, on 20 January 2016, the Senior Creditor Group, Wentworth and York filed the following written reply submissions:
The Joint Administrators did not file any reply submissions.
Should you have any queries regarding this update, please contact LBIE’s Communications and Counterparty Management team at generalqueries@lbia-eu.com.
Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659