Bob’s Weekly Update

Dear Bondholders,

This is issue number 50, for those of you who do not keep a check on such things, and as I wrote last week, all due to a group of lady bondholders who ganged up on me via Gary Forster of Rockingham. I wish this could be a real block buster issue for you, instead of the holding one this sadly has to be. I’m afraid we are in a bit of a silly season for news, as nothing substantial has changed this week. So let us look at what I do have.

Bob’s Weekly Update

Dear Bondholders,
While we await the decision of the Luxembourg District Court, which I am beginning to think may be rather further off than the October deadline, which we were led to believe would be the case. I thought this might be a good time to remind readers of the ethos behind ARM Help. This website is open to anyone who wishes to read it, no membership is required, and it is read not just by bondholders in every country where ARM bonds were sold, but by quite a number of IFAs, who disseminate it to their clients, members of the press and the Regulators. We recently discovered it is also being read by a number of lawyers. Anyone who wishes can write to us at the address below, and provided their email meets normal standards of politeness, as better than 99% do, they will get a reply.

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EEA suspension could be lifted in six weeks under restructure

EEA suspension could be lifted in six weeks under restructure

by Michelle Abrego on Sep 19, 2013 at 10:00 | New Model Adviser

EEA could lift the suspension on its Life Settlements Fund in six weeks under restructure plans, but investors will still face a long wait for a return of their money.
The board of directors of the EEA Life Settlements Fund has sent a restructure proposal to shareholders. If agreed, the restructure would take place on 1 November.

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Bob’s Weekly Update

Dear Bondholders,
There is really only one subject for me to write about this week. Due to my being
overseas last week, my Update was written too early to catch the news that hit us on the
4th September. It is somewhat ironic that the minority of bondholders, who expended so
much energy, and their funds, on seeking to liquidate ARM have now had that potential
result handed to them on a plate by the CSSF.

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Bob’s Weekly Update

Dear Bondholders,

Activity Resumes
I am putting this Update together earlier in the week than normal, as I will be away when Ian posts it. Of necessity, it has to be rather shorter than normal, but thankfully I have been able to include information that will please you all.
As I anticipated, some of the absences last week were caused by holiday arrangements, but I can now confirm that considerable work was still under-way.

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