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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3 September 09

First distribution

I am able to confirm that the first distribution in the liquidation has been set at 24.8 pence in the pound. Further details regarding the distribution will be posted on this website following a Court hearing which is being held at 2pm today.

Any creditors who have not yet submitted a claim, either directly or through the Depositors Compensation Scheme, are asked to submit their claims as soon as possible to ensure that they receive the distributions to which they are entitled.

Committee of Inspection

The first meeting of the Committee of Inspection was held on Wednesday 19 August. Attached are minutes of the meeting which provide an update on the key issues in the liquidation.

KSF C of I Minutes 19 August 2009


Loan book

Attached is a document which was presented to the Committee of Inspection regarding the loan book, including current issues and the ongoing strategy for realisation.

KSF Loan Book Update for COI 19 August 2009


Habana legal case

We have been notified that the plaintiff in the Habana case has lodged an appeal. We have not yet been advised of the date on which the appeal will be held.

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