Company: FRFXF
Filing Date: 2025-03-14
Form Type: F-4
Source: 0001104659-25-024010
Chunk: 124

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-03-14
Form: F-4
Chunk 124
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 Judgment has been satisfied or is void under the laws of the State of New York. In the
opinion of such counsel, there are currently no reasons under the law of Ontario for avoiding recognition of said judgments of New York
Courts under the Indenture or on the Notes based upon public policy. The Company has been advised by such counsel that a monetary judgment
of a U.S. court predicated solely upon civil liability provisions of U.S. federal securities laws would likely be enforceable in Canada
if the U.S. court in which judgment was obtained had a basis for jurisdiction that was recognized by a Canadian court for such purposes.
The Company has also been advised by its counsel, that it is less certain that an original action could be commenced in Canada on the
basis of liability predicated solely upon such laws.

Allied World

Allied World is a Bermuda
exempted company incorporated under the laws of Bermuda. A substantial portion of Allied World’s assets are located outside of Canada
and the United States and certain of the directors, as well as certain of the experts named in this prospectus, may be residents of jurisdictions
outside of Canada and the United States. Allied World has appointed an agent for service of process in the United States. However, it
may be difficult for investors to effect service within the United States or upon those directors and experts who are not residents of
the United States, as applicable. Holders of Notes are advised that it may also not be possible for them to enforce judgments obtained
in the United States against any person or company that is incorporated, continued or otherwise organized under the laws of a foreign
jurisdiction or resides outside of the United States, even if the party has appointed an agent for service of process. Furthermore, it
may be difficult to realize upon or enforce in the United States any judgment of a court in the United States against Allied World or
the experts named in this prospectus since a substantial portion of Allied World’s assets and the assets of such persons may be
located outside of the United States. Allied World has been advised by counsel that there is no treaty in force between the United States
and Bermuda providing for the reciprocal recognition and enforcement of judgments in civil and commercial matters. As a result, whether
a U.S. judgment would be enforceable in Bermuda against Allied World or the experts named in this prospectus depends on whether the U.S.
court that entered the judgment is recognized by a Bermuda court as having jurisdiction over Allied World or the experts named in