Lifemark investors low down in pecking order for payouts
Those invested in Lifemark, the company backing UK plan manager Keydata, have been placed low on the list of those to be paid after financial restructuring.
Investors in troubled Keydata-backer Lifemark have been relegated to seventh place in the company's creditors ranking by Norwich & Peterborough (N&P) and CarVal's loan provision.
The list puts in order of importance the rights of those companies or people who are owed money by Lifemark to be paid in the event of its insolvency or successful financial restructuring.
Only Lifemark, the issuer of the bonds, ranks lower than bondholders for the return of money owed.
N&P and CarVal are third in line
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