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Kingate Funds’ Liquidators Request Investor Disclosures

NEW YORK, Dec. 22, 2015 (GLOBE NEWSWIRE) -- Stuart Mackellar and Gwynn Hopkins of Zolfo Cooper in the British Virgin Islands, the Joint Liquidators of Kingate Euro Fund, Ltd and Kingate Global Fund, Ltd (the “Funds”) have applied to the High Court of the British Virgin Islands for a direction that documents containing information regarding investor and former investor identities and transactions with the Funds may be disclosed to Irving H Picard, the Trustee of the liquidation estate of Bernard L Madoff Investment Securities LLC, in order to comply with US Federal Rules of Civil Procedure and any order of the US Bankruptcy Court in the matter of SIPC v. Bernard L. Madoff Inv. Secs. LLC, No. 08-1789 (SMB), Picard v. Ceretti, et al., Adv. Proc. No. 09-1161 (SMB) (Bankr. S.D.N.Y.) (the “Application”).

The Application will be heard by the High Court of the British Virgin Islands on 26 January 2016.

Investors and former investors are invited to immediately contact the Joint Liquidators at enquiries@KINGATEEURO-LIQUIDATION.VG or enquiries@KINGATEGLOBAL-LIQUIDATION.VG should they require further information or wish to oppose the Application.

About Zolfo Cooper:

Zolfo Cooper is a leading provider of insolvency and restructuring services in the Caribbean region from its offices in the British Virgin Islands and Cayman Islands. Zolfo Cooper also has offices in North America and Hong Kong and a network of associated firms throughout Europe and Australia.

Media Inquiries: Rebecca Randall Zolfo Cooper +1-212-561-4004 rrandall@zolfocooper.com

Source: Zolfo Cooper