Trust Deeds
Trust Deeds
Protected Trust Deeds (Scotland) Regulations 2008, regulation 7
Notice of Trust Deed for the Benefit of Creditors by
DALBIDH IAIN VON KLEISTENFEL & ELIZABETH BROWN VON KLEISTENFEL
Trust Deeds have been granted by Dalbidh Iain Von Kleistenfel and Elizabeth Brown Von Kleistenfel, 4 Java Houses, Craignure, Isle of Mull PA65 6BE, on 3 March 2009, conveying (to the extent specified in section 5(4A) in the Bankruptcy (Scotland) Act 1985) their estates to me, Kenneth W Pattullo, Begbies Traynor, Finlay House, 10-14 West Nile Street, Glasgow G1 2PP, as Trustee for the benefit of their Creditors generally.
If a Creditor wishes to object to the Trust Deeds for the purposes of preventing them becoming Protected Trust Deeds (see notes below on the objections required for that purpose) notification of such objection must be delivered in writing to the Trustee within 5 weeks of the date of the publication of this notice in The Edinburgh Gazette .
Notes: The Trust Deeds may become Protected Trust Deeds unless within the period of 5 weeks of the date of publication of this notice in The Edinburgh Gazette a majority in number or not less than one third in value of the Creditors notify the Trustee in writing that they object to the Trust Deeds and do not wish to accede to them.
Briefly, this has the effect of restricting the rights of non-acceding Creditors to do diligence (ie to enforce court decrees for unpaid debts) against the Debtors and confers certain protection upon the Trust Deeds from being superseded by the sequestration of the Debtors’ estates.
Kenneth W Pattullo, Trustee
Begbies Traynor, Finlay House, 10-14 West Nile Street, Glasgow G1 2PP.
17 March 2009.