107 results returned for search: "" category "News" author Ahmed Elamin
The lawyer for Bermuda Fire & Marine Insurance Co. Ltd.'s liquidator yesterday challenged testimony in Supreme Court from a former board director that the 1991 reorganisation was based on what he had characterised as a reasonable and conservative est...
DATE: Jul 14, 1999
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AUTHOR:
Ahmed Elamin
The lawyer for Cooper & Lines went on the attack yesterday in Supreme Court against testimony from a former director that the firm acted not only as auditors, but also as financial advisors for the company during the 1991 reorganisation.
Appleby Spur...
DATE: Jul 09, 1999
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AUTHOR:
Ahmed Elamin
A former Bermuda Fire & Marine Insurance Co. Ltd. director yesterday told a court he depended on the advice given by auditors Cooper & Lines in voting for the 1991 reorganisation of the company and asserted that their role extended beyond that of aud...
DATE: Jul 08, 1999
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AUTHOR:
Ahmed Elamin
A former Bermuda Fire & Marine Insurance Co. Ltd. board member and one of the Island's leading lawyers yesterday told a court he would not have allowed the 1991 reorganisation of the company to go ahead if he believed it would have led the business i...
DATE: Jul 07, 1999
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AUTHOR:
Ahmed Elamin
As a member of the board of directors of Bermuda Fire & Marine Insurance Co.
Ltd. at the time of the company's 1991 reorganisation, Sen. Jeannette Cannonier was satisfied that the company was not going to be made insolvent to the prejudice of credito...
DATE: Jul 02, 1999
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AUTHOR:
Ahmed Elamin
Lawyers for the liquidator of Bermuda Fire & Marine Insurance Co. Ltd.
finished calling material witnesses yesterday in the Supreme Court fraud case.
As negotiated with the defendants witnesses giving expert evidence in the case will be called after ...
DATE: Jun 30, 1999
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AUTHOR:
Ahmed Elamin
The former head of Bermuda Fire & Marine Insurance Co. Ltd. international division "had doubts'' about the competence of some staff when he was put in charge in 1985, a court heard yesterday.
Keith White, who headed Bermuda Fire's international opera...
DATE: Jun 29, 1999
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AUTHOR:
Ahmed Elamin
Bermuda Fire & Marine Insurance Co. Ltd. at all times carefully monitored the company's losses and bad debt situation and properly made the appropriate reserves, a former top executive said yesterday in Supreme Court.
Keith White, who headed Bermuda ...
DATE: Jun 25, 1999
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AUTHOR:
Ahmed Elamin
Bermuda Fire & Marine Co. Ltd. was not insolvent in 1989 and had enough reserves for future liabilities, the former head of the company's international division asserted in Supreme Court yesterday.
Keith White, who headed Bermuda Fire's international...
DATE: Jun 23, 1999
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AUTHOR:
Ahmed Elamin
The former head of Bermuda Fire & Marine Insurance Co. Ltd.'s international business said he made "untrue'' statements during the company's negotiations with a reinsurer in 1989, a court heard yesterday.
Keith White, now chief administrative officer ...
DATE: Jun 16, 1999
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AUTHOR:
Ahmed Elamin
