Share with your friends

Juridica Investments Limited (in Voluntary Liquidation)

Juridica Investments Limited

Linda Johnson and Russell Crumpler of KPMG are the joint liquidators (the “Joint Liquidators”) of the Company

Linda Johnson and Russell Crumpler of KPMG are the joint liquidators of the company.


On 20 December 2018 Ashley Paxton and Linda Johnson of KPMG Channel Islands Limited, Glategny Court, Glategny Eplanade, St Peter Port, Guernsey, GY1 1WR were appointed Joint Liquidators of the Company pursuant to section 391(b) of the Companies (Guernsey) Law, 2008. Due to the retirement of Ashley Paxton from KPMG Channel Islands Limited he resigned as Joint Liquidator of the Company with effect from 16 September 2019 and was subsequently replaced on 27 July 2020 by Russell Crumpler of KPMG (BVI) Limited, P.O. Box 4467, 3rd Floor, Banco Popular Building, Road Town, Tortola, VG-1110, British Virgin Islands.



It is the intention of the Joint Liquidators to pursue an auction process for the sale of certain of the Company’s underlying assets and investments. The auction process is expected to run as follows:



Monday 5 October 2020

Commencement of auction process

Monday 19 October 2020

Interested parties to have informed the Joint Liquidators of interest and submitted an executed NDA

Monday 26 October 2020

Interested parties to be given access to data room

Thursday 26 November 2020

Bids from interested parties to be received by C.O.B. on this date

Thursday 3 December 2020

Winner of the auction process announced

Thursday 31 December 2020

Closing of transaction on or before this date

Note that these are anticipated dates and may be subject to change.


For this purpose, the Joint Liquidators have created a data room with all relevant and necessary information available for interested parties. Should you wish to gain access to the data room please contact John Casey, Brian Mulvihill or Elaine Hanrahan on the details noted below.


Note that, in relation to offers received, the Joint Liquidators will be seeking offers in respect of the entirety of the assets for available sale.  However, parties with a specific interest in a limited number of assets should provide two bids; one for the entirety of the assets available for sale and one for the asset(s) the interested party primarily wishes to purchase. Further, if a party is ONLY interested in purchasing specific assets, and is not prepared to take ownership of the entire portfolio, this should be clearly indicated.


The Joint Liquidators specifically reserve all rights to dispose of the assets on either an aggregate or individual basis. The Joint Liquidators make specific reference to the different nature of the litigation asset and the SPV assets noting that they consider it a distinct possibility that the provision of bids separating these two classes of assets may ultimately be successful.



Please be advised that the auction process has now concluded and, subject to receiving no superior bids from investors, an offer for the Company’s assets will be accepted by the Joint Liquidators on Thursday 3 December 2020. Any investor wishing to review the updated position should contact Elaine Hanrahan or John Casey at and for access to the attached notice.  


Signed, Linda Johnson and Russell Crumpler

Joint Liquidators


Acting as agents only (and without personal liability)

For and on behalf of Juridica Investments Limited (in voluntary liquidation)


Dated: 5 October 2020


Company Address:

2nd Floor

Glategny Court

Glategny Esplanade

St Peter Port

Guernsey, GY1 1WR



Name:                   John Casey


Name:                   Elaine Hanrahan


Name:                   Brian Mulvihill




The circulation of certain of the below documents is restricted. Shareholders of the Company should contact John Casey or Elaine Hanrahan on the contact details noted above to request the password.

1. EGM appointment document

2. Proof of creditor claim form

3. 2019 AGM report

4. Minutes of 2019 shareholder meeting

5. Notice for investors of Juridica Investments Limited