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UK Gazette Notice

Date
28 October 2005
Publication
Edinburgh Gazette
Issue Number
25933
Notice Number
2614-257

Publication Date: Friday, 28 October 2005

Notice Code: 2614

Petitions to Transfer Business

In the High Court of JusticeNo: 6903 OF 2005

(Chancery Division)

Companies Court

In the Matter of

PRIVILEGE INSURANCE COMPANY LIMITED

And

In the Matter of

DIRECT LINE INSURANCE PLC

And

In the Matter of

THE FINANCIAL SERVICES AND MARKETS ACT 2000

NOTICE

Notice is hereby given that on 14 October 2005 Privilege Insurance Company Limited (PICL) and Direct Line Insurance plc (DLI) applied to the High Court of Justice for an Order under Part VII of the Financial Services and Markets Act 2000 (FSMA) sanctioning an insurance business transfer scheme providing for the transfer of the general insurance business conducted by PICL to DLI (the Scheme) and for an Order making provision under section 112 of FSMA.

Copies of a report on the terms of the scheme prepared by an independent expert and required under section 109 of FSMA (the Scheme Report) and a statement setting out the terms of the Scheme and containing a summary of the Scheme Report can be obtained free of charge from the website at www.directline.com/legal/transferofbusiness or by writing to Isabelle Hammond at Compliance Department, RBS Insurance, Floor 1, Phase One, Churchill Court, Westmoreland Road, Bromley, Kent BR1 1DP or by emailing isabelle.hammond@directline.com

The Application is directed to be heard before the Companies Court Judge at the Royal Courts of Justice, Strand, London WC2A 2LL on 15 December 2005. Any person who alleges that he or she would be adversely affected by the carrying out of the Scheme is entitled, under section 110 of FSMA, to be heard at the hearing and may appear either in person or by legal representative. Any person who intends to appear at the hearing, and any policyholder of PICL or DLI who dissents from the Scheme but does not intend so to appear, is requested to give not less than four clear days prior notice in writing of such intention or dissent (including the reasons for that intention or dissent) to the solicitors named below.

Note: The Scheme does not apply to any Privilege branded insurance policies taken out at any time on or after 1 January 2001 as these were underwritten by DLI and not by PICL. No changes will be made to any of those policies as a result of the Scheme. If you are in any doubt as to whether your policy is affected by the Scheme, please telephone the dedicated Helpline on 0845 878 6058 for guidance. Lines will be open from 9.00 am to 5.00 pm Monday to Friday until 14 December 2005.


Pinsent Masons, Solicitors for PICL and DLI


Dashwood House, 69 Old Broad Street, London EC2M 1NR, fax: +44 (0)20 7418 7050.

Ref: PICL


28 October 2005.

(2614/257)

Source Edinburgh Gazette, http://www.edinburgh-gazette.co.uk/is..., 21 Apr 2011 (UK Crown Copyright)
* This information has been matched automatically, based in part on the name of the company. Please let us know if this information does not relate to this company.

Last updated April 21 2011, 10.57AM (about 3 years ago)

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