Resulting from a number of excellent points, the Zeek Rewards Receivership has been prolonged by to 2021.
The final roadmap positioned the winding down of the Zeek Receivership on or round January 2020.
Ongoing points will blow that delicate deadline out by greater than a 12 months, as revealed in an August 4th submitting.
In a movement for an extension of time to file a Closing Liquidation and Dissolution Plan, the Zeek Receiver cites two ongoing points:
- remaining litigation towards Victoriabank; and
- unclaimed property assortment work.
Till this work is resolved, a ultimate distribution to injured buyers can’t be calculated or made.
The Receiver’s movement requests a 180 day extension, which was granted on August sixth.
Pending any additional extensions, the Receiver’s Closing Liquidation and Dissolution Plan is now due by January twentieth, 2021.
Replace seventeenth Might 2021 – Standing replace as per Receiver’s Q1 2021 Standing Report;
There are restricted substantial duties of the Receivership that stay. These embody
(1) finishing the receipt and processing of fee from Internet Winner settlements;
(2) finishing the sale or assortment of unsettled judgments towards Internet Winners; and
(3) making a ultimate distribution to claimants with acknowledged claims.
No dates but.