Insolvency Notices

Company

MF GLOBAL OVERSEAS LIMITED

Notice Type
Other Corporate Insolvency Notices
Publication date
18/10/2016
Edition
The London Gazette
Notice ID
2631752
Notice Code
2408

Notice of Proposed Distribution

MF GLOBAL OVERSEAS LIMITED

05626737

(IN ADMINISTRATION) (“OVERSEAS”)

Final Distribution pursuant to company voluntary arrangement between Overseas and its creditors under Part 1 Insolvency Act 1986 (“CVA”): Notice inviting creditors to submit claims before 5:00pm 15 November 2016

Notice is hereby given that:

(i) the CVA proposed by Richard Heis and Michael Pink, joint administrators of Overseas (“Joint Administrators”) was approved at meetings of creditors at 10:30 a.m. and members at 12:00 noon both on 17 October 2016 at KPMG LLP, 15 Canada Square, London, E14 5GL. A copy of the CVA proposal can be obtained upon request by contacting Tom Chuter in writing at KPMG LLP, 15 Canada Square, London, E14 5GL, by Fax +44 (0) 118 964 2222, or by e-mail to Tom.Chuter@KPMG.co.uk; and

(ii) the supervisors of the CVA (“Supervisors”) intend make a final distribution in accordance with the terms of the CVA to unsecured creditors, (the “Final Distribution”) and invite creditors to submit proofs of debt, if they have not already done so.

If you are a creditor with a claim in respect of a CVA Liability (as defined in the CVA) that has been submitted to and accepted by the Administrators as at 23 September 2016 then your claim will automatically be recognised by the Supervisors in the same amount as they have been accepted by the Administrators.

If you have not already notified the Administrators or the Supervisors of your claim, and you would like your claim to be considered in relation to the Final Distribution, proofs of debt may be lodged with the Supervisors at any point up to and including 5:00pm on 15 November 2016, being the last date for proving for the purpose of the Final Distribution, by sending or emailing details of your claim in writing to the addresses above.

Creditors are encouraged to submit proofs of debt as soon as possible with supporting evidence and may be requested to provide such further details or produce additional documentation or other evidence as the Supervisors may request.

The Supervisors intend to make the Final Distribution to creditors within 10 business days from the Implementation Date (as defined in the CVA).

In accordance with Rule 2.95(2) (C) of the Insolvency Rules 1986, the value of the prescribed part is zero.

The Joint Administrators and Overseas

The administration proceedings are being conducted in The High Court of Justice, Chancery Division, Companies Court, No: 9586 of 2011. Overseas’ registered name is: MF Global Overseas Limited. Overseas’ company number is 05626737. Overseas’ registered office is: 15 Canada Square, London, E14 5GL, and its principal trading address was: 5 Churchill Place, Canary Wharf, London E14 5HU.

The Joint Administrators are Richard Heis and Michael Pink, each of KPMG LLP, 15 Canada Square, London, E14 5GL. Date of appointment: 2 November 2011. The Administrators’ insolvency practitioner numbers are 8618 and 8004 respectively. The Joint Administrators can be contacted using the details set out above.

Michael Pink, Joint Supervisor

18 October 2016