Petitions to Transfer Business
IN THE HIGH COURT OF JUSTICE CR-2015-9281
CHANCERY DIVISION
COMPANIES COURT
IN THE MATTER OF
LEGAL & GENERAL ASSURANCE SOCIETY LIMITED
—and—
IN THE MATTER OF
CANADA LIFE ASSURANCE EUROPE LIMITED
(the “Applicants”)
—and—
IN THE MATTER OF
PART VII OF THE FINANCIAL SERVICES AND MARKETS ACT 2000
NOTICE IS HEREBY GIVEN that on 19 July 2016 the Applicants made an application to the High Court of Justice in England and Wales (the “Court”) (the “Application”) pursuant to Part VII of the Financial Services and Markets Act 2000 (the “Act”) for an order under section 111 and 112 and 112A of the Act sanctioning an insurance business transfer scheme (the “Scheme”) for the transfer of the endowment, pension and term assurance policies written by Legal & General Assurance Society Limited (the “Transferor”) between 1 January 2002 and 28 February 2011 through its distribution office in Cologne, Germany to Canada Life Assurance Europe Limited (the “Transferee”); and
Copies of a report on the terms of the Scheme prepared by an independent expert in accordance with section 109 of the Act (the “Scheme Report”) and copies of a statement setting out the terms of the Scheme and containing a summary of the Scheme Report (the “Scheme Summary”) may be obtained free of charge by contacting Legal & General, Richmodstr. 6, 50667 Köln, Germany in writing or by telephone on 00 49 1803586336) between Monday and Friday from 9:00 a.m. to 5:00 p.m. from the date of publication of this notice until the date on which the Application will be heard before the Court. Copies of the Scheme Report, Scheme Summary and other related documents will also be available on the websites of the Transferor and Transferee at http://www.legalundgeneral.de/ and https://www.canadalife.de/uebertragung respectively.
The Application will be heard before a Judge at the Royal Courts of Justice, 7 Rolls Buildings, Fetter Lane, London EC4A 1NL on 23 November 2016. Any person, including any employee of the Transferor or the Transferee, who claims to be adversely affected by the carrying out of the Scheme is entitled to appear at the time of the hearing and express their views in person or by legal representative. Any person who intends to appear, and any person who would like to raise any concern, representation or objection in relation to the Scheme but who does not intend to appear, is asked (but is not required) to give notice in writing as soon as possible and preferably 5 days before the hearing of such intention or concern, representation or objection, setting out the grounds of their concern, representation or objection, to the Solicitors named below at the address referred to below.
Dated: 26 August 2016
Clifford Chance LLP
10 Upper Bank Street
London
E14 5JJ
Reference: 70-40579154
Solicitors to: The Transferor