Bob’s Weekly Update

Dear Bondholders,

This is another week when I’ve started writing my Update not knowing if BDO will release the promised details of Friday the 28th’s English Court hearing before I send it to Ian. The members of the Ad Hoc committee all know, but until that important post comes out we cannot report it.

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Bob’s Weekly Update

Dear Bondholders,

My Update has been deliberately delayed this afternoon to allow the expected announcements from both BDO and the FSCS to appear on their websites. So, in as far as is possible, what I’ve written below will have been updated based on those announcements. Sorry for the delay due to circumstances beyond our control.

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FSCS is now inviting claims against Catalyst Investment Group Limited

FSCS is now inviting claims against Catalyst Investment Group Limited

28th March 2014

We have now finalised the process that we will use to investigate claims against Catalyst, and have started sending application forms to all known ARM bond investors.

Once we receive a completed application form, we will investigate the claim to establish whether any compensation is due. We aim to investigate a claim within six months of receiving a completed application form.

If any investor has not received an application form by the end of April, please contact our Initial Contact Team on Freephone 0800 678 1100 or 020 7741 4100.

More information about Catalyst is available from our Q&As and in our previous update. 

 

Bob’s Weekly Update

Dear Bondholders

This is being delayed, as it contains material that is privileged until the information appears on the BDO website.  We had expected that this would be on their website at close of business today, but this has not yet happened.

Please bear with us, and Update 76 will be out as soon as possible.

Ian & Bob

Bob’s Weekly Update

Dear Bondholders,

The Ad Hoc Committee

Our first meeting took place on Monday as promised. Until BDO issue an update on their website, which they have undertaken to do next week, all committee members remain under a strict NDA. This means that other than reporting to you that we were present, that is about as far as I can go for the moment. I’m happy to report that the various members worked well together, and that this gave me a positive view in regard to future meetings.

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Bob’s Weekly Update

Dear Bondholders,

Not very much to bring to your attention this week, so I get away with a short Update and an ‘early bath’.

The New Group

The new group, the Action Group For Life Settlement Fund Investors is, I understand taking shape, and there are two, and possibly three, bondholders who have offered their support.  Due to the terrible workload I have had this week, I have not actually put those guys together, which is very remiss of me, but over the weekend I promise to get around to it.