Further update on individual claims under the Parental Guarantee

Posted 17/10/2010 - 21:12 by anrigaut

It appears that what I had understood to be the final batch of rejections of the individual claims made under the PG was not, and that some claims are still being considered (and rejected) by the Khf Winding-up Board. If you have received a rejection since 14 Sept, you will have been invited to lodge an objection before the next Khf creditors' meeting on 3 Dec. If you have received - or receive shortly - such a letter, you are strongly advised to lodge an objection using the form provided.

This information has not yet appeared on the Khf website, but is contained in letters being sent to those concerned.

It also appears that further rejections may be made after 3 Dec, in which case a further creditors' meeting will be held in April 2011!

Specimen "reasons for objection" provided by our Icelandic lawyers may be found here: http://www.ksfiomdag.com/index.php?option=com_content&view=article&id=65...

To enable us to manage the follow-up of all cases, it would be helpful if you could inform us of any objection you submit by emailing to DSTcontact(?)ksfiomdag [dot] com. For further information, see my previous update here: http://chat.ksfiomdepositors.org/blog-entry/dst-update-re-individual-cla...

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