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© Forbes, April 17, 2000 all
rights reserved.
For reprints of this article contact Forbes Magazine at http://www.forbes.com. Forbes - 'The Informer' Life Liberty, and Discharge of Debt Some 26 Americans facing ruinous
cash demands as investor "names" in the Lloyd's of London insurance
market have found unexpected relief in U.S. bankruptcy courts. Apparently
fearful, in part, of submitting itself to Yankee jurisdiction over fraud allegations,
Lloyd's has meekly-- and quietly-- abandoned all $14 million of its claims
against the 26 without even seeking partial repayment. --- Tomas Kellner ![]() Return to main News page |
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