Nelson sued by Merlin
Created: Jun 09, 1995 11:00 AM
Bermuda-registered Nelson Trade and Finance Ltd.The plaintiff, represented by Appleby Spurling & Kempe, is seeking $2 million from Nelson Trade in the lawsuit filed this week with Bermuda's Supreme Court.
Bermuda-registered Nelson Trade and Finance Ltd.
The plaintiff, represented by Appleby Spurling & Kempe, is seeking $2 million from Nelson Trade in the lawsuit filed this week with Bermuda's Supreme Court.
Nelson Trade last November completed its acquisition of Commonwealth & British Minerals Ltd. (CBM).
The company owns the issued and outstanding shares of CBM, which, through subsidiary companies, controls a 49 percent interest in the Zeravshan Mining Project in the Republic of Tajikistan.
Nelson also recently completed a public offering of up to 16,750,000 common shares worth $54,437,500.
