Vantis plc: Online Claims Validation System to be launched for Creditors of Stanford International Bank Limited
30 April 2009 - 8:11PM
Business Wire
The joint liquidators for Stanford International Bank Limited,
Nigel Hamilton-Smith and Peter Wastell, Client Partners at Vantis
Business Recovery Services, a division of Vantis, the UK
accounting, tax and business advisory group, have announced plans
to launch of an online claims validation system for creditors.
Commenting, Nigel Hamilton Smith said: �We will be writing to
all creditors in May 2009, advising how best to submit claims and
explaining how our process for handling claims will work. Central
to this, will be the introduction of an online claims management
system, which we anticipate to have in place by 30 June 2009.
The online claims system will ensure that all holders of
Certificates of Deposits will receive electronic confirmation that
their claim has been recorded and registered. Any holders not able
to submit claims electronically, will be advised of how to submit
claims via a postal system.
Depositors should be assured that each claim will be treated in
the same way and will rank equally for distribution. Depositors who
have hold mail accounts and wish to retain that status will have to
appoint a lawyer or other suitable representative to receive
communications on their behalf.�
Further communications will be issued when practicable.
For additional information, investors and creditors should visit
www.vantisplc.com/Stanford or email
stanfordenquiries@vantisplc.com
Vantis Business Recovery Services is a trading division of
Vantis Group Ltd, which is regulated by the Institute of Chartered
Accountants in England and Wales for a range of investment business
activities. Vantis Group Ltd is a Vantis plc group company.
Vantis is the AIM listed UK accounting, tax and business
advisory group.
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