DST Updates from September 2009 onwards are available in the Members only area of the www.ksfiomdag.com site (log-in required).

The DAG nominees to the KSFIOM Creditors' Committee ("CC") have recently concluded the negotiations with PwC on the form of confidentiality undertaking ("CU") relating to the disclosures to be made to the CC, and the form of this CU is being uploaded to the site for your reference.

-------- Original Message 1 --------
Subject: our telephone conversation today
Date: Thu, 02 Jul 2009 22:30:50 +0100
To: alison.m.tomb

Alison,

Speech for the nominees

ROBERT COATES (ON BEHALF OF DAG) SPEECH FOR THE MOTION TO APPOINT BDO

I wish to propose the motion that

“the Joint Provisional Liquidators and Joint Deemed Official Receivers make an application to Court to appoint Malcolm Cohen of BDO Stoy Hayward of Baker Street London W1 as an additional Joint Liquidator”

I attach our response to the issues being raised in relation to the potential "increase in costs" argument and the tax consequences of the appointment of a conflict liquidator.

Costs

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