Other Notices

Please find below details of Other Notices relating to Eldon Street.

The Administration was due to expire on 30 November 2022. There being various matters that the Administrators consider ought still to be addressed in the context of the administration, and following an application to Court, an Order was granted by the Court extending the Administrators’ term of office to 30 November 2025.

The Administrators’ appointment in respect of Eldon Street Holdings Limited (in administration) is currently due to expire on 30 November 2022. The Administrators indicated in their 27th Progress Report that they expected in due course to apply further to extend the administration. There being various matters that the Administrators consider ought still to be addressed in the context of the administration, the Administrators intend shortly to apply to court for an Order, pursuant to paragraph 76(2)(a) of Schedule B1 to the Insolvency Act 1986, that their term of office be extended until 30 November 2025. If any creditor or other stakeholder has any queries or concerns in this respect, they should please contact Andrew Maran, telephone number 020 7583 5000, as soon as possible.

Pursuant to a court order dated 16 November, Derek Anthony Howell and Russesll Downs were removed as Administrators of Eldon Street Holdings Limited and were replaced by David James Kelly. The change took effect on 30 November 2021.

Edward John Macnamara and Gillian Eleanor Bruce remain in office as Administrators.

The Administration was due to expire on 30 November 2020. Following an application to Court, an Order was granted by the Court extending the Administrators’ term of office to 30 November 2022.

The approval of Lehman Brothers International (Europe)'s Scheme of Arrangement, pursuant to Part 26 of the Companies Act 2006 and the retirement of Anthony Victor Lomas from PwC LLP provided an opportunity for the named office-holders to be reviewed in Eldon Street and elsewhere in UK Lehman Brothers' affiliates.

Accordingly, an application to court was made to make certain changes. Pursuant to a court order dated 2 July 2018, Anthony Victor Lomas, Steven Anthony Pearson and Julian Guy Parr (the "Outgoing Office-Holders") were removed as Administrators of Eldon Street.

The Outgoing Office-Holders were replaced with Russell Downs and Edward John Macnamara which took effect on 16 July 2018. Derek Anthony Howell and Gillian Eleanor Bruce remain in office as Administrators.

Contacts

If you have any queries in relation to Eldon Street's administration, please send an email to uk_lehmanaffiliates@pwc.com.

_{Edward John Macnamara, Gillian Eleanor Bruce and David James Kelly are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics}

^{The Joint Administrators may act as controllers of personal data, as defined by the UK data protection law, depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators' appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators.}