The Latest on Crown Forex
Dear clients, dear visitors,
The decision of the Swiss Financial Market Supervisory Authority (FINMA) dated May 18, 2009 opening the bankruptcy of CROWN FOREX SA, effective May 19, 2009 at 8:00 (Swiss time) has entered into force as the appeal of the Company against the said decision has been denied by the Administrative Federal Court and no appeal to the Supreme Court has been filed within the legal time frame.
Claims in the bankruptcy of CROWN FOREX SA, in liquidation, are currently being handled and under review by the Liquidators. Due to the number of claims, this process is taking a lot of time and may still last several months.
The Liquidators will revert individually to claimants in case they need more information or documents to handle and assess specific claims.
Upon completion of all claims' review, the creditors' plan will be drawn and will be available for public consultation at the Liquidator's office. Claimants whose claim will be fully or partially denied will individually receive a decision.
Sincerely,
Laurent WINKELMANN - Philippe von BREDOW
NOTTER MEGEVAND & PARTNERS
Place Edouard-Claparède 3
1205 Genève
SWITZERLAND
The decision of the Swiss Financial Market Supervisory Authority (FINMA) dated May 18, 2009 opening the bankruptcy of CROWN FOREX SA, effective May 19, 2009 at 8:00 (Swiss time) has entered into force as the appeal of the Company against the said decision has been denied by the Administrative Federal Court and no appeal to the Supreme Court has been filed within the legal time frame.
Claims in the bankruptcy of CROWN FOREX SA, in liquidation, are currently being handled and under review by the Liquidators. Due to the number of claims, this process is taking a lot of time and may still last several months.
The Liquidators will revert individually to claimants in case they need more information or documents to handle and assess specific claims.
Upon completion of all claims' review, the creditors' plan will be drawn and will be available for public consultation at the Liquidator's office. Claimants whose claim will be fully or partially denied will individually receive a decision.
Sincerely,
Laurent WINKELMANN - Philippe von BREDOW
NOTTER MEGEVAND & PARTNERS
Place Edouard-Claparède 3
1205 Genève
SWITZERLAND
