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Re: cottonisking post# 92363

Sunday, 02/28/2021 6:12:40 PM

Sunday, February 28, 2021 6:12:40 PM

Post# of 110912
Continue into 2021 with a 'Going Concern' business and with the CTs first or ASAP. All the CTs' holders need are their Covic2008 pandemic interest payment shots from LBHI:

"Activities included:
LBIE and Wentworth
? Meetings and correspondence with tax and legal advisors and the Wentworth Joint Venture partners;
? Update meetings with LBIE and discussing strategy with the Wentworth Joint Venture partners;
? Reviewing LBIE progress report to creditors in context of future recoveries;
? Reviewing financial information from Wentworth;
? Arrangements relating to distributions of preferential equity from LBIE and onward payments to
Wentworth counterparties; and
? Dealing with administrative issues relating to Wentworth."



LBHI2 Progress Report which appears at: https://www.pwc.co.uk/business-recovery/administrations/assets/lbhi2-24th-report.pdf