Court Petitions and Orders: Cross-border Insolvencies

2016-02-242016-02-082016-03-01TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk248969361514

THE CROSS‑BORDER INSOLVENCY REGULATIONS 2006 NOTIFICATION OF ORDER UNDER THE CROSS-BORDER INSOLVENCY REGULATIONS 2006

In the High Court of Justice, Chancery Division

Companies CourtNo 001012 of 2016

PEAK HOTELS AND RESORTS LIMITED

In Liquidation

BCN1808196

CR-2016-001012

Trading names used by the debtor in Great Britain within the last 12 months, if different from the full name given above: N/A

Principal/last known place of business of debtor, or alternatively, in the case of a debtor who is an individual, the usual/last known place of residence of the debtor:

Address of debtor is: C/o KPMG (BVI) Limited, 3rd Floor, Banco Popular Building, Road Town VG-1110, British Virgin Islands.

The following order has been made in relation to the above debtor under the UNCITRAL Model Law on cross-border insolvency as set out in Schedule 1 to the Cross-Border Insolvency Regulations 2006 (“Model Law”), a Recognition Order that (1) the appointment of Russell Crumpler of KPMG (BVI) Limited and Sarah Bower of KPMG in Hong Kong as the liquidators of the debtor and the liquidation proceedings commenced in respect of the debtor pursuant to the order of The Honourable Justice Bannister dated 8 February 2016 made in the Eastern Caribbean Supreme Court in the High Court of Justice Virgin Islands Commercial Division be recognised as a foreign main proceeding; (2) subject to certain exceptions in the orders, commencement or continuation of individual actions or proceedings concerning the debtor’s assets is stayed, execution against the debtor’s rights, obligations or liabilities is stayed, and the right to transfer, encumber or otherwise dispose of the debtor’s assets is suspended; and (3) the applicants have liberty to apply for further relief.

Order made on 24 February 2016

Address for service:

Russell Crumpler of KPMG (BVI) Limited and Sarah Bower of KPMG in Hong Kong. Service address: Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH, United Kingdom DX: 64 Chancery Lane, Fax: +44 (0) 20 7329 7100