| On October 5, 2021, the Joint Provisional Liquidators as authorized foreign representatives (the “Foreign Representatives”) of the debtors listed below (the "Debtors") commenced cases under chapter 15 of the U.S. Bankruptcy Code (the “Chapter 15 Cases”) in the U.S. Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”), seeking recognition of the Debtors' liquidation proceedings (the "Provisional Liquidation Proceedings") and proposed schemes of arrangement (the "Schemes" and together with the Provisional Liquidation Proceedings, the "Bermuda Proceedings") in Bermuda. The purpose of the Chapter 15 Cases is to obtain recognition of the Bermuda Proceedings in the United States to ensure that the proceedings are given full force and effect in the United States and no party is allowed to undermine a well-supported, court-sanctioned transaction. On November 4, 2021 the U.S. Bankruptcy Court entered an order recognizing the Bermuda Proceedings as foreign main proceedings, such that the automatic stay and selected other provisions of the U.S. Bankruptcy Code have taken effect within the United States. On March 16, 2022, the U.S. Bankruptcy Court entered an order enforcing the Schemes in the United States.
Key Dates · October 5, 2021 o JPLs file chapter 15 application for recognition of foreign proceedings · November 4, 2021 at 10:00 a.m. (Eastern Time) o Chapter 15 recognition hearing date
· March 16, 2022 at 10:00 a.m. (Eastern Time)
o Chapter 15 enforcement motion hearing date
Key Parties | Lead Debtor Case Number | Debtor | Filing Date | | 21-11733 | Markel CATCo Reinsurance Fund Ltd. | October 5, 2021 | | | | | | Related Debtors Case Numbers | | | | 21- 11734 | CATCo Reinsurance Opportunities Fund Ltd. | October 5, 2021 | | 21-11735 | Markel CATCo Investment Management Ltd. | October 5, 2021 | | 21-11736 | Markel CATCo Re Ltd. | October 5, 2021 | Foreign Representatives: Simon Appell of AlixPartners UK LLP John C. McKenna of Finance & Risk Services Ltd. Counsel to the Foreign Representatives: | SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP Lisa Laukitis One Manhattan West New York, New York 10001 Telephone: (212) 735-3000 Fax: (212) 735-2000 – and – Justin M. Winerman Anthony R. Joseph 155 North Wacker Drive Chicago, Illinois 60606-1720 Telephone: (312) 407-0700 Fax: (312) 407-0411 | SKADDEN, ARPS, SLATE, MEAGHER & FLOM (UK) LLP
Peter Newman 40 Bank Street Canary Wharf
London E14 5DS Telephone: +44 20 7519 7000 Fax: +44 20 7519 7070 | Court: United States Bankruptcy Court Southern District of New York Judge Lisa G. Beckerman One Bowling Green New York, NY 10004 www.nysb.uscourts.gov U.S. Trustee: Shannon Anne Scott Trial Attorney U.S. Department of Justice Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Suite 1006 New York, NY 10014 212-510-0500 ext. 222 212-668-2255 fax | 
