Solvent Scheme |
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Find all the important information about DR UK´s Solvent Scheme of Arrangement
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NOTICE OF COMPLETION OF SCHEME OF ARRANGEMENT IN THE HIGH COURT OF JUSTICE OF ENGLAND AND WALES No 10552/2009, CHANCERY DIVISION, COMPANIES COURT |
IN THE MATTER OF DEUTSCHE RÜCK UK REINSURANCE COMPANY LIMITED (referred to in the Scheme as the Company) |
AND IN THE MATTER OF THE COMPANIES ACT 2006 OF GREAT BRITAIN |
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NOTICE IS HEREBY GIVEN in the above named matter that the scheme of arrangement for the company, which became effective on 16 July 2009 ("the scheme"), has been implemented in accordance with its terms and, accordingly, it was completed, on 25 November 2010. No further payments shall be made to Scheme Creditors by the Company in respect of Scheme Claims (capitalised terms being as defined in the Scheme). Should you have any questions regarding this Notice, please address them to Alec MacMillan at Chiltington International Limited, Holland House, 1-4 Bury Street, London EC3A 5AW, United Kingdom. |
Notice of Impending Completion |
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Pursuant to clause 8.1 of the Scheme of Arrangement, notice is hereby given that the Scheme of Arrangement has been implemented in accordance with its terms. The final payment to Creditors was made on 24th September 2010 and no further payments shall be made to Creditors in respect of Claims. In accordance with clause 8.1 of the Scheme of Arrangement, the Scheme of Arrangement will be declared complete on 25th November 2010. |
Letter sent to Creditors on 22nd June 2009 |
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This letter informs Scheme Creditors of the Effective Date of the Scheme on 16th June 2009 and the Claims Submission Date of 15th December 2009. A set of Claim Forms and instructions is enclosed with the letter. Potential creditors will also find enclosed a schedule of Scheme Reinsurance Contracts as they appear in DRUK's records. Further information |
Creditor Meeting held on 18th May 2009 |
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Over 90% of Scheme Creditors voted for the Scheme in the Creditor's Meeting. Independent Chairman, Frank Attwood, summarises the voting process and the final voting valuation in his report. Further information |
High Court of Justice sanctioned the Solvent Scheme |
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On 16 June 2009 the High Court of Justice of England and Wales sanctioned the DRUK Scheme. A copy of the Order sanctioning the Scheme was delivered to the Registrar of Companies in England and Wales on 16 June 2009, and the Scheme accordingly became effective on that date (the "Effective Date"). Further information |
Letter sent to creditors on 11th February 2008 |
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This letter highlights DRUK´s intention to consider a solvent scheme of arrangement following the transfer of reinsurance business. The arrangement is being considered in order to finalise the |
Practice Statement Letter (PSL) in respect of the Solvent Scheme of Arrangement |
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The captioned letter dated 10.09.2008 was sent to potential Scheme Creditors. |
| Further information |
Notice of meeting |
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"Order was made in the leave to convene hearing on 12th Feb. 2009. The High Court of Justice of England and Wales has directed that a meeting of the Scheme Creditors be held." |
| Further information |
Solvent Scheme
Notice of Sanction |
| Further information |
Important Notice to Scheme Creditors |
| Further information |
Key Dates and Contact Details |
| Further information |
Scheme meeting cover letter |
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19th March 2009 |
| Further information |
Scheme document part I |
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Key Dates an Explanatory Statement |
| Further information |
Scheme document part II |
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Scheme of Arrangement |
| Further information |
Voting Form & Proxy |
| Further information |
Claim Form |
| Further information |