The distribution brought the amounts paid on all agreed Parallel Claims up to 84.5 pence in the £.
On 14 January 2015, the Joint Special Administrators made distributions on Parallel Claims in line with the statements issued in December 2014. The distribution brought the amounts paid on all agreed Parallel Claims up to 84.5 pence in the £, being the current distribution rate from the House Estate.
For further information please see the Shortfall Application Judgment section of our website.
© 2021 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.