107 results returned for search: "" category "News" author Ahmed Elamin
The lawyer for the five former directors accused of fraud in the Bermuda Fire & Marine Co. Ltd. case is expected to start his opening defence argument today in Supreme Court.
The five -- William Cox, Donald Lines, Gregory Haycock, Michael Collier and...
DATE: May 25, 1999
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AUTHOR:
Ahmed Elamin
Fourteen days into a major fraud trial a box of documents relating to the late Charles Collis and his involvement with collapsed insurer Bermuda Fire & Marine Co. Ltd. has been discovered in his son's office at law firm Conyers Dill & Pearman.
The di...
DATE: May 22, 1999
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AUTHOR:
Ahmed Elamin
Allegations by the liquidator of Bermuda Fire & Marine Co. Ltd. that the company's finance committee directors, law firm and auditors worked together to defraud international creditors were labelled as an "absurd conspiracy theory'' in Supreme Court ...
DATE: May 21, 1999
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AUTHOR:
Ahmed Elamin
Independent Senator Jeannette Cannonier will testify she trusted the guidance of the five directors on Bermuda Fire & Marine Co. Ltd's finance committee in board discussions leading up to the disputed 1991 transfer of profitable assets to BF&M Ltd., ...
DATE: May 20, 1999
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AUTHOR:
Ahmed Elamin
The decision to split off Bermuda Fire & Marine Co. Ltd.'s domestic business into BF&M Ltd. was a sound decision which ultimately provided a benefit to the company's creditors, a court heard yesterday.
Elizabeth Gloster, lawyer for domestic insurer B...
DATE: May 19, 1999
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AUTHOR:
Ahmed Elamin
The 1991 creation of BF&M Ltd. out of Bermuda Fire & Marine Co. Ltd.'s profitable domestic assets was not a fraud, but a sound business decision that benefited the company and its international policyholders, a court heard yesterday.
Elizabeth Gloste...
DATE: May 19, 1999
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AUTHOR:
Ahmed Elamin
The lawyer defending BF&M Ltd. and the company's shareholders in the Bermuda Fire case got off to an inauspicious start yesterday when she suggested that Supreme Court Puisne Judge Vincent Meerabux delay hearing her opening argument until he first do...
DATE: May 18, 1999
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AUTHOR:
Ahmed Elamin
Gabriel Moss, lawyer for Bermuda Fire Insurance Co. liquidators, is expected to wind up his opening argument today in the lawsuit against the company's former directors, auditors and legal advisor.
Now it's the defendants turn as they attempt to chop...
DATE: May 17, 1999
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AUTHOR:
Ahmed Elamin
The role of Conyers Dill & Pearman lawyer John Collis in the Bermuda Fire case came under question yesterday in Supreme Court as the company's liquidators argued he was closely involved with the 1991 split, which they say was illegal.
Puisne Judge Vi...
DATE: May 12, 1999
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AUTHOR:
Ahmed Elamin
The Bermuda Fire & Marine Co. Ltd. civil case currently under way in Supreme Court is like an argument over inheritance in which lawyers are arguing over a corpse that refuses to be buried.
Bermuda Fire liquidators are attempting to show that the for...
DATE: May 11, 1999
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AUTHOR:
Ahmed Elamin
