FIBG liquidator warns creditors to expect no dividend

By David Marchant

24 years ago

Topics

Keywords

Anselm Clouden Cynthia Hastey DuSean Berkich First International Bank of Grenada Gilbert Ziegler

Harvey Kaufman James Ziegler Liquidations & Insolvencies Marcus Wide Marion Suite PricewaterhouseCoopers Ralph Sherman Richard Downes Rita Regale Robert Skirving

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Creditors of the First International Bank of Grenada have been informed by its liquidator that they might get back nothing from the liquidation.
In a letter to creditors dated April 23, 2001, FIBG liquidator Marcus A. Wide, of accounting firm PricewaterhouseCoopers, wrote that “there will be a significant shortfall to creditors”.

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