Service of notice via electronic means satisfies the resolution professional's duty while transmission failures do not invalidate meetings. Regulation 29 requires electronic service of meeting notices by e-mail, attachment or URL with a subject line identifying the corporate debtor and meeting ... Summary
Service of notice via electronic means satisfies the resolution professional's duty while transmission failures do not invalidate meetings.
Regulation 29 requires electronic service of meeting notices by e-mail, attachment or URL with a subject line identifying the corporate debtor and meeting details; non-editable attachments must be in PDF or similar form with download instructions. The resolution professional must use a system that confirms recipients and retains records of transmissions and failed sends as proof; his obligation is satisfied upon transmission and he is not liable for failures beyond his control. Failure of a participant to provide or update an e-mail address does not invalidate meeting decisions due to non-receipt.
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