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Date:
14 February 2012
Issue Number:
27055
Page number:
390

Publication Date: Tuesday, 14 February 2012

Notice Code: 2518

Trust Deeds

Protected Trust Deeds (Scotland) Regulations 2008, regulation 7

Notice of Trust Deed for the Benefit of Creditors by

Jay McDowall

A Trust Deed has been granted by Jay McDowall, 35 Park Terrace, Markinch, Glenrothes KY7 6BN, on 30 January 2012, conveying (to the extent specified in section 5(4A) in the Bankruptcy (Scotland) Act 1985) his estate to me, Peter Christopher Dean, Carrington Dean, 135 Buchanan Street, Glasgow G1 2JA, as Trustee for the benefit of his Creditors generally.

If a Creditor wishes to object to the Trust Deed for the purposes of preventing it becoming a Protected Trust Deed (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 Deed may become a Protected Trust Deed 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 Deed 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court decrees for unpaid debts) against the Debtor and confers certain protection upon the Trust Deed from being superseded by the sequestration of the Debtor’s estate.


Peter C Dean, Trustee


Carrington Dean, 135 Buchanan Street, Glasgow G1 2JA.


10 February 2012.

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