06 May2011
Implementation of new Claim Transfer Process
New Claim Transfer Process
A new claim transfer process will be operated by the Winding-Up Board and its agent Epiq Bankruptcy Solutions, LLC from the date of this notice. Please see the updated FAQs in the ‘Winding Up Proceedings’ section of this website for details of the new process.
A new claim transfer process will be operated by the Winding-Up Board and its agent Epiq Bankruptcy Solutions, LLC from the date of this notice. Please see the updated FAQs in the ‘Winding Up Proceedings’ section of this website for details of the new process.
Claim Transfer Request Forms
As part of the new process, an amended Claim Transfer Request Form is now available in the ‘Winding Up Proceedings’ section of this website. Parties submitting new transfer requests should use the amended Claim Transfer Request Form .
Fees
The Winding-Up Board has established certain fees to defray the costs associated with administering claim transfers. Please note that these fees have recently been reviewed by the Winding-Up Board. For new transfer requests, the fee for the transfer of the full amount of a claim is now USD 2,000; and the fee for the transfer of part of a claim is now USD 4,000.