Shortly before Farepak went into Administration the directors of Farepak tried to set up an arrangement (known as a "Trust") so that money paid into Farepak's bank account on 11 October 2006 or later could be returned to Customers who had paid that money Because of the costs involved in reporting to all the creditors, the Joint Liquidators applied to Court to ask if they could issue a shortened version of this report to all of Farepak's agents