Dividends to creditors

Notice of declaration of Tenth Dividend

On 23 February 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid a tenth interim dividend of 0.9117 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the notice to all unsecured creditors who have proved their debts is available here.

Notice of Intention to pay a Tenth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a tenth interim distribution to be made to unsecured creditors. 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 19 February 2021. A tenth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Seventh Interim Dividend

On 15 September 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared a seventh interim dividend, being a share of the statutory interest entitlements of LBH’s unsubordinated, unsecured creditors. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Seventh Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a seventh interim dividend to be made to unsecured, unsubordinated creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 9 September 2021. A seventh interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Sixth Interim Dividend

On 16 February 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared a sixth interim dividend, being a share of the statutory interest entitlements of LBH’s unsubordinated, unsecured creditors. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Sixth Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a sixth interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 12 February 2021. A sixth interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of declaration of seventh dividend

On 11 September 2017, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid a seventh interim dividend of 6.062 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the notice to all unsecured creditors who have proved their debts is available here.

Notice of Intention to pay a Seventh Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a seventh distribution to be made to unsecured creditors. 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 4 September 2017. A seventh dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Sixth Dividend

On 6 February 2017, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators declared and paid a sixth interim dividend of 1.25 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Sixth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a sixth distribution to be made to unsecured creditors. 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 31 January 2017. A sixth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Fifth Dividend

On 9 September 2016, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators declared and paid a fifth interim dividend of 1.65 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Fifth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a fifth distribution to be made to unsecured creditors. 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 2 September 2016. A fifth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Fourth Dividend

On 9 March 2016, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators declared and paid a fourth interim dividend of 5.6 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Fourth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a fourth distribution to be made to unsecured creditors. 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 12 Feburary 2016. A fourth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Third Dividend

On 11 March 2015, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators declared and paid a third interim dividend of 6.94 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Third Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a third distribution to be made to unsecured creditors. 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 18 Feburary 2015. A third dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a Second Dividend

On 4 September 2014, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators declared and paid a second interim dividend of 5.98 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Second Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a second distribution to be made to unsecured creditors. 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 31 July 2014. A second dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Notice of Declaration of a First Dividend

On 29 October 2013, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a first interim dividend of 12 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a First Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a first distribution to be made to unsecured creditors. 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 Friday 30 August 2013. A first dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.