PRESS RELEASE

Published 08/12/2014 00:00:00 in Press Releases

“On 3 December 2014, we published a Press Release entitled “NAB Warns Against Claims Management Company Debts” in which we made reference to the Transcript of a Judgment by Vice Chancellor Hon. J. Travis Laster in proceedings pending in Delaware and to which Quindell PLC is a party.

We referred in particular to the Judge’s reference to Quindell PLC. We are now informed that the Judge made a reference to Quindell in error and the Judge has acknowledged his error to the official Court Reporter. The intended reference was to another Company namely NavSeeker Inc.

We acknowledge that the financial strength of Quindell PLC has at no stage been called into question in the proceedings, as the Judge has confirmed and we apologise to the Company for our earlier Press Release”

 

ENDS

NOTES TO EDITORS:

Rupal Rawal, Communications Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk Email: rupal.rawal@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

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