Dividends to creditors

Listed below is information regarding dividends declared to creditors:

Fourtheenth Dividend

Notice of Intention to pay a Fourteenth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a fourteenth interim distribution to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 5 February 2024. A fourteenth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Thirteenth Dividend

Notice of Declaration of Thirteenth Dividend

On 10 March 2022, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a thirteenth interim dividend of 5.3691 pence in the pound to all unsubordinated 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 to download.

Notice of Intention to pay a Thirteenth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a thirteenth interim distribution to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 9 March 2022. A thirteenth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Twelfth Dividend

Notice of Declaration of Twelfth Dividend

On 16 September 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a twelfth interim dividend of 0.9658 pence in the pound to all unsubordinated 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 to download.

Notice of Intention to pay a Twelfth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a twelfth interim distribution to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 9 September 2021. A twelfth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Eleventh Dividend

Notice of Declaration of an Eleventh Dividend

On 24 February 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid an eleventh interim dividend of 0.0738 pence in the pound to all unsubordinated 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 to download.

Notice of Intention to pay an Eleventh Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow an eleventh 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. An eleventh dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Tenth dividend

Notice of Declaration of a Tenth Dividend

On 20 March 2020, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a tenth interim dividend of 5.926 pence in the pound to all unsubordinated 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 to download.

Notice of Intention to pay a Tenth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a tenth interim distribution to be made to unsecured creditors. The Liquidators 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 March 2020. A tenth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Nineth Dividend

Notice of Declaration of a Ninth Dividend

On 13 September 2019, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a ninth interim dividend of 23.391 pence in the pound to all unsubordinated 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 to download.

Notice of Intention to pay a Ninth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a ninth interim distribution to be made to unsecured creditors. The Liquidators 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 September 2019. A ninth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Eighth Dividend

Notice of declaration of an Eight Dividend

On 14 September 2018, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a seventh interim dividend of 0.848 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 to download.

Notice of Intention to pay an Eighth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow an eighth interim distribution to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 28 August 2018. An eighth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Seventh Dividend

Notice of declaration of a Seventh Dividend

On 21 March 2018, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a seventh interim dividend of 2.970 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 to download.

Notice of Intention to pay a Seventh Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a seventh interim distribution to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 16 March 2018. A seventh dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Sixth Dividend

Notice of declaration of Sixth Dividend

On 11 September 2017, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Liquidators declared and paid a sixth interim dividend of 3.184 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 to download.

Notice of Intention to pay a Sixth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a sixth interim dividend to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 4 September 2017. 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 to download.

Fifth Dividend

Notice of Declaration of a Fifth Dividend

On 15 March 2017, pursuant to Rule 11.6 of the Insolvency Rules 1986, the Liquidators declared and paid a fifth interim dividend of 1.4 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 to download.

Notice of Intention to pay a Fifth Dividend

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

Fourth Dividend

Notice of Declaration of Fourth Dividend

On 10 March 2016, pursuant to Rule 11.6 of the Insolvency Rules 1986, the Liquidators declared and paid a fourth interim dividend of 5.2 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 to download.

Notice of Intention to pay a Fourth Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a fourth distribution to be made to unsecured creditors. The Liquidators 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 to download.

Third Dividend

On 15 April 2015, pursuant to Rule 11.6 of the Insolvency Rules 1986, the Liquidators declared and paid a third interim dividend of 2.4 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 to download.

Notice of Intention to pay a Third Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a third distribution to be made to unsecured creditors. The Liquidators 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 February 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 to download.

Second Dividend

Notice of Declaration of a Second Dividend

On 5 September 2014, pursuant to Rule 11.6 of the Insolvency Rules 1986, the Liquidators declared and paid a second interim dividend of 4.27 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 to download.

Notice of Intention to pay a Second Dividend

Based on current information, the Liquidators 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 to download.

First Dividend

Notice of Declaration of a First Dividend

On 12 March 2014, pursuant to Rule 11.6 of the Insolvency Rules 1986, the Liquidators declared and paid a first interim dividend of 4.25 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 to download.

Notice of Intention to pay a First Dividend

Based on current information, the Liquidators are of the view that there are sufficient realisations to allow a first distribution to be made to unsecured creditors. The Liquidators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 17 February 2014. A first dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Contacts

All queries to the Liquidators of Thayer should be sent to: uk_lehmanaffiliates@pwc.com.

Gillian Eleanor Bruce and Edward John Macnamara are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales.  The Joint Liquidators' 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 Liquidators' 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 Liquidators' Personal data will be kept secure and processed only for matters relating to the Joint Liquidators'' appointment. Further details are available in the privacy statement on the  PwC.co.uk  website or by contacting the Joint Liquidators'.

Contact us

Ed  Macnamara

Ed Macnamara

Partner, Head of Restructuring, PwC United Kingdom

Tel: +44 (0)7739 873104

Gillian  Bruce

Gillian Bruce

Director, PwC United Kingdom

Tel: +44 (0)7715 540817

Follow us