AA Mutual International Insurance Company Limited

Date of insolvency: 23 July 2004
Type of appointment: Administration & Scheme of Arrangement
Appointment holders: Nigel Rackham
Dan Schwarzmann
Financial information: Per the Directors' Statement of Affairs as at 23 July 2004, total assets amount to £1,665,000 before costs with estimated liabilities of £1,413,000.
Final payment percentage: Direct Creditors 100%, Other Scheme Creditors 31.4%
Key contacts: Caroline Turnbull
PricewaterhouseCoopers LLP
7 More London Riverside
London
SE1 2RT
Tel:  +44 (0) 20 7804 8203

Adam Loveday
PricewaterhouseCoopers LLP
7 More London Riverside
London
SE1 2RT
Tel:  +44 (0) 20 7804 4761

Company background:


For information pertaining to the Company background please refer to the Explanatory Statement attached further below.

For further information please see attached the latest report to creditors in accordance with Rule 2.47, dated 22 July 2008.

 Report to creditors, 22 July 2008(56K PDF)

For copies of previous reports issued in accordance with Rule 2.47, please see attached reports to creditors dated 21 February 2005 and 22 August 2005 and 15 February 2006 and 22 August 2006 and 22 February 2007 and 22 August 2007 and 22 February 2008.

Report to creditors, 21 February 2005 (354K PDF)

Report to creditors, 22 August 2005 (278K PDF)

Report to creditors, 15 February 2006 (106K PDF)

Report to creditors, 22 August 2006 (106K PDF)

Report to Creditors, 22 February 2007 (106K PDF)

Report to creditors, 22 August 2007 (51K PDF)

Report to creditors, 22 February 2008 (59K PDF)


 
Important documents:

Explanatory Statement (249K PDF)

Short Form Explanatory Statement (103K PDF)

Scheme Document (302K PDF)

Claim Form (99K PDF)

Currency Conversion table (32K PDF)

Notice of sanction of Scheme of Arrangement (14K PDF)

Letter to all known Creditors, Policyholders and Brokers dated 5 July 2006 (64K PDF)


 
Next steps:

In accordance with Part 9, Section 9.1 of the Scheme Document, the Scheme was closed in July 2008. Distributions were made to creditors in August 2007 with a first and final payment of 100% made to Direct Claim Creditors and 31.4% to other Scheme Creditors.

Information correct as at: December 2011

For further information about our services or if you would like one of our professionals to contact you, please email us.