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Co-Op Supermarket and the Bermuda Workers Cooperative Society. And it seems the 1,200 members of the unincorporated association might also not be liable for the supermarket's $1.4 million total debt. In a decision given yesterday, Supreme Court Judge...

Bermuda's Official Receiver, represented by the office of the Registrar of Companies, is balking at the prospect of trying to collect $1.5 million in debt from the 1,200 members of the Bermuda Workers Cooperative Society, owners of the defunct Co-Op ...

Bermuda's balance of payments recorded a surplus on current account of $174 million, a gain of 29 percent over 1996, according to the latest statistics released by the Bermuda Monetary Authority (BMA). Current account payments added up to $1,397 mill...

Bermuda attracted 93 insurance companies to incorporate on the Island in 1997, a small decline from the 97 set up here in the previous year, according to statistics released yesterday. There were also 76 removals from the register, compared to 28 in ...

Applications Board decision and granted Michael Smatt of Smatt's Cycle Livery permission to establish a cycle sales and repair shop on St. John's Road. In the process Minister of Environment, Planning and Natural Resources Irving Pearman called on th...

An overwhelming number of Bermudian residents support the implementation of mandatory pension plans for employees, according to a survey by Total Marketing and Communications (TOM). The survey found nine out of ten Bermudian residents strongly or gen...

The Bermuda Monetary Authority (BMA) forecasts this year income from overseas investments will about equal the amount of money residents invested outside of the Island in the last 12 months. The balance of payments equalisation is seen as an indicati...

expenditures were on track with figures projected in his last budget. Provisional figures released by the Statistics Department this week showing Government expenditures jumped 15 percent in the first nine months of this year, while revenues increase...

Supermarket, which closed for business in October. The supermarket had been on the brink of insolvency since 1995 when it racked up $600,000 in debts owed to 63 creditors. The supermarket's largest creditors -- wholesalers Winter Cookson Petty Ltd., ...

week and could eventually become a daily newspaper, The Royal Gazette has learned. In a letter to customers, Island Press Ltd. general manager Gary Taylor told them of the proposed plan. "As part of the Island Press (Holdings) Ltd. group (incorporati...