818 results returned for search: "" category "Other" author Ahmed Elamin
The directors and firms involved with failed insurer Bermuda Fire & Marine Insurance Co. Ltd. knew or suspected that it was insolvent before the company was divided into two in 1991, a court heard yesterday.
And Gabriel Moss, lawyer for the liquidato...
DATE: May 06, 1999
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AUTHOR:
Ahmed Elamin
The lawyer for Bermuda Fire & Marine Insurance Co. Ltd. liquidators yesterday alleged in Supreme Court that the directors and firms involved with the company knew or suspected it was insolvent when they stripped assets to create BF&M Ltd in 1991.
Gab...
DATE: May 06, 1999
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CATEGORY:
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AUTHOR:
Ahmed Elamin
failed insurer Bermuda Fire & Marine Insurance Co. complete an "illegal'' transaction, it was claimed yesterday.
The claim was made by lawyer Gabriel Moss as Bermuda Fire's liquidators as they launched a Supreme Court lawsuit aimed at seizing assets ...
DATE: May 05, 1999
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AUTHOR:
Ahmed Elamin
family over a $2.8 billion empire was delayed yesterday as lawyers became bogged down in last minute battles of their own behind the scenes.
After almost two hours of hearings in Chambers Supreme Court Puisne Judge Denis Mitchell ended by putting off...
DATE: May 04, 1999
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AUTHOR:
Ahmed Elamin
Stephen Crane, the principal of Caribbean jewellry chain Colombian Emeralds, has launched a libel suit seeking "substantial sums'' against H.S & J.E.
Crisson Ltd., company head Peter Crisson, and general manager Larry Booker.
Mr. Crane alleges that M...
DATE: May 03, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
riding the Internet wave right from the start.
The firm's research reports and surveys are constantly being quoted in the media as the authoritative source for information about the technology.
And the firm has been smart. By making their reports ava...
DATE: May 03, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The executives of publicly listed insurance and reinsurance companies on Bermuda raked in additional millions in bonuses and stock compensation in 1998 according to the US Securities and Exchange Commission.
The wealth seems to be filtering down from...
DATE: May 03, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Recent massive banking failures around the world emphasise the need for effective regulatory supervision of financial institutions, the chairman of the Bermuda Monetary Authority (BMA) said yesterday.
Pointing to the lapses in supervision and control...
DATE: Apr 30, 1999
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AUTHOR:
Ahmed Elamin
Bermuda-based Stirling Cooke Brown said yesterday the company plans to hire a financial advisor to boost shareholder value.
In another move Stirling Cooke said it has filed a motion for early dismissal of a lawsuit against the company by Odyssey Re L...
DATE: Apr 29, 1999
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AUTHOR:
Ahmed Elamin
In what's being called the court case of the century, Baron Hans Heinrich Thyssen-Bornemisza will attempt to wrest control of his $2.8 billion empire from his son Georg in Bermuda's Supreme Court beginning Monday.
The saga involves a Bermuda trust wh...
DATE: Apr 29, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin