INTERNET BANKING (IOM) AND KAUPTHING EDGE (IOM) ARE NO LONGER AVAILABLE.

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IMPORTANT CUSTOMER INFORMATION

Creditors Meeting and Claim Process

Scheme of Arrangement

Previous Court Orders & M Simpson Affidavit

Creditor Discussion Forums

Roadshow Presentations

Conference Calls

Useful Websites   

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UPDATES

March 2010  04 

February 2010  08  15  19

January 2010  13  21  22  26

December 2009  07  11  18  21  30

November 2009 10  25

October 2009 14

September 2009 03(i) (ii)

August 2009  20 

July 2009  01(i) (ii)  22  29  30  

June 2009  01  12  17  18  22  23  25

May 2009  15  22  27  

April 2009  02  09  17  24   

March 2009  06  13  20  27

February 2009  13  20  27

January 2009  07  16  23  30

December 2008  05  12  19

November 2008  04  05  14  27

October 2008  13  15  20  24

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20 August 09

First distribution

The Joint Liquidators will shortly be paying the first distribution to unsecured creditors. Based on cash currently in hand, the first distribution would be 22.1 pence in the pound. However, during the course of the next two weeks, further material receipts of cash are expected which, if received, would increase the distribution further.

In order to ensure that the first distribution is as large as possible, it has been agreed with the Committee of Inspection that the distribution will be paid on Friday 4 September 2009. A further announcement will be made on this website when the level of the first distribution has been finalised, and a further update on the progress of the liquidation will be made on this website in the next few days.

 

Contacts
As previously, the best way to make contact is to write to the bank or email branch@kaupthing.com. If you need to telephone the bank, please use the main switchboard number +44 1624 699222.


Mike Simpson
Joint Liquidator