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but substantially scaled back what liquidators for his Focus group of insurance companies wanted. And the British businessman, whose appeal to the Privy Council against an "Unless'' order failed this summer, has taken his case to the European Commiss...

Insurance, was the target of a writ filed this week in Supreme Court by Belvedere's former vice president and treasurer, Ms Vanessa Ellen (Johnson) Thomas. The writ is the latest action in a long-running legal battle between Ms Thomas and Belvedere, ...

very positive development, said Bank of N.T. Butterfield & Son chairman, Sir David Gibbons. "There is no doubt in my mind that all that Press must be a very, very good thing for Bermuda and the continuing development of international business,'' Sir ...

publicity over the past week in business publications on both sides of the Atlantic. Bermuda International Business Association deputy chairman Mr. Glen Titterton said yesterday that editorials in the Financial Times and the European edition of the W...

The administrator of Bermuda-based mutual fund RCM Global Long Term Capital Appreciation Ltd., yesterday sought clarification of the fund's status, pending a court hearing scheduled for September 28. A decision was handed down Friday by a New York ju...

A complaint from telecommunications carrier, Cable & Wireless, against the Bermuda Telephone Company Ltd. (Telco) will likely go to the Telecommunications Commission for an inquiry. The complaint, sent to Minister for Management & Technology the Hon....

Independence referendum was over. The Chamber of Commerce said the failed Independence initiative sendt "a strong and clear signal: Now is not the time for independence.'' The Chamber noted its pre-referendum survey results that 95 percent of its me...

it seized from a Bermuda currency-trading fund to the fund's Daiwa account. Bloomberg news said funds would be frozen there during hearings on whether Daiwa's seizure of the funds was legal. Daiwa seized $33 million from the account of Bermuda-based ...

industry could attract unscrupulous operators. And in anticipation, a new Investment Advisory Services Act is being drafted by the Bermuda Monetary Authority in consultation with various representatives within the investment industry, according to in...

Watlington development on the Waterfront at Pitt's Bay Road. But their letter of objection to the planners, has prompted a measured rebuttal from Pearman Watlington President, Mr. Harry Cox, who claimed the Trust was mistaken about the facts and was ...