KSFUK 14th Dividend w/c 7.11.2016
Although we are no longer concerned with KSFUK (our then Liquidators sold off the remaining cash due from them to a third party, and that helped pay us out 100% of our claims).
E&Y are now saying they will pay out a 14th Dividend of at least 0.5p/£ to their existing creditors w/c 7.11.2016. they have already paid out 83.75p/£ and are now saying they will pay out at least a further 0.5p/£ on top of that.
This is only an update on their Administration on my part and will not result any any part of that payment going to our Sole Liquidator.
So please, we will not benefit in any way from this pay out as our then Joint Liquidators sold the balance of our claim due from KSFUK to a third party and we benefited from that sale at that point in time. This is purely an update on the KSFUK situation on my part.