It sounds like Wendon is securing its interest as a secured creditor via receivership and will then donate the funds it receives to the liquidator of Bitcoinica LP for distribution according to the process laid down by law.  

Tihan, as shares in Intersango are part of Wendon's interest in Bitcoinica LP, will those be liquidated and the proceeds made available to the liquidator?

Also, are you able to shed any light on whether or not Wendon is Bitcoinica LP's only secured creditor?