Special Administrators’ proposals

The following Restructuring & Insolvency precedent provides comprehensive and up to date legal information covering:

  • Special Administrators’ proposals

Special Administrators’ proposals

[Investment Bank name]

(in Special Administration)

Special Administrators’ Proposals for achieving the purpose of the Special Administration

Notice: About this Proposal

  1. This Proposal has been prepared by [names of Special Administrators], the Special Administrators of [Investment Bank name], solely to comply with their statutory duty under para 49, Sch B1 of the Insolvency Act 1986 as amended by the Investment Bank Special Administration Regulations 2011, SI 2011/245, and for no other purpose. This Proposal is not suitable to be relied upon by any other person, or for any purpose, or in any other context.

  2. This Proposal has not been prepared in contemplation of it being used, and is not suitable to be used, to inform any investment decision in relation to the debt of or any financial interest in [Investment Bank name] (in Special Administration).

  3. Any estimated outcomes for creditors included in this Proposal are illustrative only and cannot be relied upon as guidance as to the actual outcomes for clients, creditors or other stakeholders. Any person that chooses to rely on this Proposal for any purpose, or in any context, other than under para 49, Sch B1 of the Insolvency Act 1986 as amended by the Investment Bank Special Administration Regulations 2011, SI 2011/245, does so at their own risk and should be aware that they are solely responsible for any decisions they choose

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