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Directorate Changes at Middlefield Canadian Income PCC Announced

Directorate Changes at Middlefield Canadian Income PCC Announced

Middlefield Canadian Income PCC Announces Board Resignations

Middlefield Canadian Income PCC (in Liquidation) (the "Company" or “MCT”) and its sister organization, Middlefield Canadian Income – GBP PC (in Liquidation) (the “Fund”), are currently navigating a transitional phase as they undergo liquidation proceedings. The company is registered under No: 93546 and holds a Legal Entity Identifier of 2138007ENW3JEJXC8658.

Recent Board Changes Impacting MCT

On an important note, the Company and the Fund have announced significant changes in their leadership. Directors Michael Phair, Dean Orrico, and Andrew Zychowski have stepped down from their positions. This decision was made official recently, underlining a pivotal moment in the direction of the Company and the Fund.

The Path Forward for Middlefield Canadian Income

As the organization moves forward, it will be strategic about its decisions and the tasks ahead. As a company in liquidation, the focus will remain on optimizing processes and preparing the Fund to fulfill its obligations to stakeholders. The recent resignations may lead to new appointments that could redefine the leadership structure and propel the organization into a new chapter.

Contact Information for Inquiries

For any queries regarding this announcement, you may reach out to the appointed liquidators:

Liquidators
S A Gardner and R P Barker from Ernst & Young LLP
Email: MCT@parthenon.ey.com

The following individuals also represent support for any further inquiries:

JTC Fund Solutions (Jersey) Limited
Secretary
Tel.: 01481 700 000

Additionally, you can contact:

Dean Orrico
President
Middlefield International Limited
Tel.: 01203 7094016

Frequently Asked Questions

What prompted the recent board changes?

The board changes were announced during the ongoing liquidation process of Middlefield Canadian Income PCC as part of standard operational review and restructuring.

Who are the liquidators managing the process?

S A Gardner and R P Barker from Ernst & Young LLP have been appointed as the liquidators for Middlefield Canadian Income PCC.

What is the current status of MCT?

Middlefield Canadian Income PCC is currently in liquidation, focusing on fulfilling its financial obligations to stakeholders.

How can stakeholders get updates about the liquidation?

Stakeholders can reach out to the liquidators at Ernst & Young LLP or the company representatives for updates on the liquidation process.

What is the significance of this announcement?

This announcement reflects crucial leadership changes that may impact the future strategic direction of Middlefield Canadian Income PCC and its associated Fund during liquidation.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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