Further to the Client Money update published on 06 February 2013 in which the Joint Administrators announced that the first interim client money distribution (the ‘First Interim Client Money Distribution’) will take place during April 2013, the Joint Administrators would like to:
If you have been notified that you have a Client Money entitlement, please continue the dialogue with your LBIE contact with a view to agreeing your Client Money entitlement. This can be done by executing a formal legal agreement opting to retain, assign or waive your entitlement to Client Money, or to abandon your Client Money entitlement.
If you believe that you have a Client Money entitlement and, prior to this 20 February 2013 update, you have not been contacted by LBIE in respect of this entitlement, please contact clientpositionresponses@lbia-eu.com as soon as possible.
If you have any questions with regard to this update please contact the Communications and Counterparty Management Team by emailing clientpositionresponses@lbia-eu.com.
Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659