Topic: U.S. Bankruptcy Court
Digicel files for US bankruptcy protection
Telecommunications provider Digicel has filed for Chapter 15 recognition in a federal bankruptcy court in the Southern District of New York after it was granted an application for provisional liquidation in Bermuda.
Another lawsuit filed against Beechwood Re
A group of related entities, including Cayman-based reinsurer Beechwood Re, and two of its former executives are being sued for illegally obtaining nearly US$100 million of proceeds from the sale of a defunct oil company to keep afloat the allegedly fraudulent U.S. hedge fund Platinum Partners.
