Publication Date: Friday, 13 August 2010
Notice Code: 2614
General Reinsurance UK Limited and General Reinsurance AG
In The High Court Of Justice (Chancery Division) Companies Court
No. 5580 of 2010
In the Matter of
General Reinsurance UK Limited
and
In the Matter of
General Reinsurance AG
and
In the Matter of
the Financial Services and Markets Act 2000
NOTICE IS HEREBY GIVEN that on 8 July 2010 General Reinsurance UK Limited (“GRUK”) applied to the High Court of Justice for:
1. an Order under Part VII of the Financial Services and Markets Act 2000 (the “Act”) sanctioning a scheme (the “Scheme”)
providing for the transfer to the UK branch of General Reinsurance AG (“GRAG”) of the entire business of GRUK; and
2. an Order making ancillary provision in accordance with the implementation of the Scheme under Section 112 of the Act.
The proposed transfer will result in the entire business formerly carried on by GRUK being carried on by GRAG. The proposed
transfer will secure the continuation by or against GRAG of any legal proceedings by or against GRUK that relate to rights
and obligations in respect of the transferred business. All claims being dealt with before the transfer by GRUK will, following
the transfer be dealt with by GRAG. All claims arising after the transfer will be dealt with by GRAG.
The application is directed to be heard before the Companies Court Judge at the Royal Courts of Justice, Strand, London WC2A
2LL on 8 October 2010 and any person (including an employee of GRAG or GRUK) who alleges that he or she would be adversely
affected by the carrying out of the Scheme may appear at the time of that hearing in person or by Counsel or may submit representations
in writing to the Court. Any person who intends so to appear or to make representations in writing and any reinsured of GRUK
who objects to the Scheme but who does not intend so to appear or to make representations in writing, is requested to give
not less than two clear days’ prior notice in writing of such intention or objection, and the reasons therefor, to the solicitors
named below.
Copies of a report on the terms of the Scheme prepared pursuant to Section 109 of the Act (the “Independent Expert’s Report”)
and a statement setting out the terms of the Scheme and containing a summary of the Independent Expert’s Report will be provided
free of charge by the solicitors named below. These documents may also be accessed at the following web address: www.genre.com/partvii-gruk.
Dated this 13th day of August 2010
Hogan Lovells International LLP,
Atlantic House,
Holborn Viaduct,
London, EC1A 2FG,
|
Tel:
|
+44(0) 20 7296 2000 |
|
Fax:
|
+44(0) 20 7296 2001 |
|
Ref:
|
C1/JLS/TJG
|
Solicitors for General Reinsurance UK Limited and General Reinsurance AG.
(2614/38)
