Davy replaces Bastow Charleton Wealth Management Limited (BCWM) supporting the official liquidator of CHC.
Custom House Capital (CHC) was wound up in 2011 following an order by the High Court, and Kieran Wallace was appointed as official liquidator. Davy is now acting in an administrative capacity to assist the official liquidator, replacing Bastow Charleton. With more than 900 staff, in excess of €27 billion in assets under management and over 90 years' experience servicing the investment needs of Irish clients, Davy is a highly professional and regulated partner. We can provide the scale and resources to support the official liquidator and CHC clients through the conclusion of the liquidation process.
It's important to note that these changes will have no negative impact on you and they have been implemented to expedite the issue of payments to you as a client of CHC.
Davy has been engaged to support the official liquidator. We have put in place a dedicated and highly experienced client service team who will ensure any payment made to you from CHC is processed efficiently, and that you receive your funds as soon as they are authorised by the official liquidator. Davy can address queries in relation to the processing of payments,
Queries in relation to the amount you may receive or timing of any payment to you should be addressed directly to the official liquidator.
Following the 2021 Judgement handed down by Justice Heslin, the certification of compensation claims by the Liquidator in his role as Administrator is now more than 99% complete with only certain specific claims remaining to be certified.
The Liquidator provided a liquidation update report to the High Court in July 2024 where he outlined the key remaining issues to be addressed to allow final distributions to impacted investors and to bring the liquidation to a conclusion.
If you would like more information, please contact a member of the official liquidator support team at the phone number or email address listed below.
We have a dedicated support team in place to deal with any queries you may have.
The official liquidator of CHC, has appointed Davy to provide support throughout the liquidation process. with more than 800 staff, in excess of €14 billion in assets under management and over 90 years' experience servicing the investment needs of Irish clients, Davy is a highly professional and regulated partner.
No. Davy has solely been engaged as administrator to the official liquidator. You will no longer be a client of CHC once you receive compensation. You may however opt to transfer the funds received, your pension and/or other funds transferred directly to Davy, and in doing so, become a Davy client.
All CHC client data is maintained on the original CHC systems. The official liquidator has secure access to this data in addition to Davy in our role as administrator. As a regulated entity we adhere and implement specified measures to ensure all prevailing data protection requirements are adhered to.
