LDK Solar Co., Ltd. in provisional liquidation (“LDK Solar” or the “Company”) and its Joint Provisional Liquidators (“JPLs”), Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that on April 7, 2015 the Grand Court of the Cayman Islands ordered that, effective on April 21, 2015, the JPLs will be discharged from their duties and the winding up petition presented by the Company on February 21, 2014 will be dismissed.
By this order the provisional liquidation of the Company will be brought to a successful conclusion on April 21, 2015. Ms. Fu and Ms. Fisher remain in office in their capacity as the supervisors of LDK Solar’s schemes of arrangement, which became effective on December 10, 2014.
Cautionary Note Regarding Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including risks and uncertainties disclosed in LDK Solar’s filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on information available to LDK Solar’s management as of the date such information was prepared and on its expectations, assumptions, estimates and projections as of such date. Actual results may differ materially from the anticipated results because of such and other risks and uncertainties.
LDK Solar undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, assumptions, estimates and projections except as may be required by law.