CHANCELLOR INSURANCE COMPANY LIMITED (”CHANCELLOR”)
Jamie Smith and Nick Dargan, joint scheme administrators of Chancellor, hereby inform its creditors that pursuant to clause 51.1.5 of its scheme of arrangement (”Scheme”) they have now terminated that Scheme. All payments have been made to creditors and no further payments will be made. Creditors have received a 42.1% dividend in this estate and no further funds are available for future distributions. Any queries should be passed to Keith Towers of LCL at the address below:
LCL Group Limited, Cornhill House, 32 Cornhill, London, EC3V 3SG, United Kingdom.