Insolvency Notices

Company

BEAUFORT ASSET CLEARING SERVICES LIMITED

Notice Type
Petitions to Wind Up (Companies)
Publication date
02/12/2020
Edition
The London Gazette
Notice ID
3687580
Notice Code
2450

In the HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES, INSOLVENCY AND COMPANIES LIST (ChD) Court Number: CR-2018-001745

In the Matter of BEAUFORT ASSET CLEARING SERVICES LIMITED

IN SPECIAL ADMINISTRATION

(Company Number 06637499)

and in the Matter of the Insolvency Act 1986

and in the Matter of the INVESTMENT BANK SPECIAL ADMINISTRATION REGULATIONS 2011

A Petition to wind up the above-named company (registered no. 06637499), of 23 Austin Friars, London EC2N 2QP (the “Company”).

On 1 March 2018, Russell Downs, Douglas Nigel Rackham and Dan Yoram Schwarzmann (the “Administrators”) of PricewaterhouseCoopers LLP, 7 More London Riverside, London SE1 2RT were appointed as the joint special administrators of the Company, pursuant to The Investment Bank Special Administration Regulations 2011 (the “IBSA Regulations”).

This notice updates a previous notice published in respect of the Company on 10 July 2020.

The Petition was presented on 7 July 2020.

THE ADMINISTRATORS are the Petitioners and their address is PricewaterhouseCoopers LLP, 7 More London Riverside, London SE1 2RT.

The address of the Company is 23 Austin Friars, London EC2N 2QP.

Venue: High Court of Justice, Business and Property Courts of England and Wales, Insolvency and Companies List (ChD)

Date: The Petition will be heard at an adjourned one-day hearing in a two-day window between 15 – 16 December 2020, at the same time as: (i) the Administrators’ application pursuant to paragraphs 79(3)(b) and 98(2)(c) of Schedule B1 to the Insolvency Act 1986 (in each case as applied by Regulation 15 of the IBSA Regulations) for their appointments as joint administrators of the Company to cease to have effect and for their discharge from any liability in respect of any action of theirs as joint administrators of the Company; and (ii) winding up petitions in respect of two nominee companies of BACSL, namely, Beaufort Nominees Limited (07220936 / CR-2020-004367) and Raven Nominees Limited (02278022 / CR-2020-004368).

Time: a time to be confirmed by the Court (or as soon thereafter as the petition can be heard)

Any person intending to appear at the hearing of the petition (whether to support or oppose it) must give notice of intention to do so to the Petitioners or their solicitors in accordance with rule 7.14 by 16.00 hours on Monday 14 December 2020.

Solicitors for the Administrators are Linklaters LLP, One Silk Street, London EC2Y 8HQ (Ref: Conway / Colthurst) and can be contacted with any queries in connection with the petition. Alternatively, queries can be made in writing to hershil.amin@pwc.com.

Dated: 2 December 2020