Petitions to Transfer Business
Petitions to Transfer Business
In the High Court of Justicc (Chancery Division) No. 4770 of 2005
Companies Court
In the Matter of
THE NORTHERN ASSURANCE COMPANY LIMITED
(“Northern”)
and
In the Matter of
CGU INTERNATIONAL INSURANCE PLC
(“CGUII”)
and
In the Matter of
THE OCEAN MARINE INSURANCE COMPANY LIMITED
(“Ocean Marine”)
and
In the Matter of the
FINANCIAL SERVICES AND MARKETS ACT 2000
Notice is hereby given that an application (the “Application”) for an order sanctioning a general insurance business transfer scheme (the “Scheme”) under Part VII of the Financial Services and Markets Act 2000 was on 28 July 2005 presented to the High Court by Northern. The Scheme provides for the transfer of substantially the whole of the general insurance business of Northern to Ocean Marine and the remainder to CGUII.
Copies of a summary of the Scheme and a report on the terms of the Scheme prepared by an independent expert are available on Aviva’s website at www.aviva.com/northern. Copies can also be obtained free of charge from Barlow Lyde & Gilbert (the solicitors acting for the Northern, CGUII and Ocean Marine), whose details are given below.
The Application is directed to be heard before the Companies Court Judge at the Royal Courts of Justice, Strand, London WC2A 2LL on 6 October 2005. Any person who believes that he or she would be adversely affected by the carrying out of the Scheme is entitled to be heard (in person or by legal representative) by the High Court at the hearing of the Application. Any person who intends to do so, and any person who dissents from the Scheme but does not intend to appear at the hearing, is requested to notify his or her objections as soon as possible, and in any event before 4 October 2005, to Pollyanna Deane of Barlow Lyde & Gilbert at Beaufort House, 15 St Botolph Street, London EC3A 7NJ or by fax to 00 44 (0)20 7071 9756 or email to northern@blg.co.uk.