The question of the application to the Court and the relevant date for interest purposes will shortly be considered by the board and a further announcement will be made on the DCS website during this month.
In relation to your numbered paragraphs we comment as follows:-
Dear Mr Greene,
Thank you for your email.
Regulation 16 of the Compensation of Depositors Regulations 2008 (as amended) (for link see – www.dcs.iom/Regulation.pdf ) provides as follows:-
Please see X for reference to Scheme of Arrangement as a 'compromise agreement'
Attached: Also available from TSC web site with pages in the right order ;-)
The MoU is attached below.
A copy of the last assessment report (final page, item 12) has been requested.
I am a member of the KSFIOM Depositors Action Group and have been since Oct 2008. Up until now I have tried to give the IOM and various Authorities there the benefit of my doubt – unfortunately this has now stopped.