31.05.2011

New Claim Transfer Process

A new claim transfer process has been implemented by the Winding-Up Board and its agent Epiq Bankruptcy Solutions, LLC effective 30 May, 2011.  Please see the updated FAQs in the Transferring of Claims section of this website for details of the new process.

As part of the new process, an amended Claim Transfer Request Form is now available in the Transferring of Claims section of this website.  Parties submitting new transfer requests should use the amended Claim Transfer Request Form.

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.

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