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Six Monthly Progress Report to Creditors for the Period 9 August 2011 to 8 February 2012

Six Monthly Progress Report to Creditors for the Period 28 September 2010 to 27 March 2011

Background

A copy of the Joint Administrators’ six monthly progress report to creditors for the period 9 August 2011 to 8 February 2012 and Form 2.24B (CH) is attached in accordance with Rule 2.47 of The Insolvency Rules 1986 and The Insolvency (Amendment) Rules 2010.

Should you require a paper copy of the report, please send your request in writing to the Administrators at the address on the front of the report and this will be provided to you at no cost.

Points to highlight

The Joint Administrators wish to draw your attention to page 8 of the report, together with Appendix 4 and 5, all of which provide information relating to a forthcoming dividend to creditors.

Attached at Appendix 4 of the report are two Notice of Intended Dividends, one in respect of preferential creditors and the other for unsecured creditors.  Creditors who wish to submit a claim are required to do so on or before 31 March 2012 as set out in the notice.  The dividend will be declared within two months of the last date of proving, being 31 March 2012.

To submit a claim in the Administration, creditors are required to submit the proof of debt form attached at Appendix 5 of the report.  Completed proof of debts forms together with supporting evidence should be marked for the attention of Gemma McCarthy and sent to Deloitte LLP, PO Box 500, 2 Hardman Street, Manchester, M60 2AT.  Creditors who have already submitted a Proof of Debt in the Administration, do not need to re-submit a further Proof of Debt.

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