Other articles of interest
Equitas Names close to final rest
1 June 2009
A 24 June date has been set for the UK High Court to approve a proposed Part VII transfer of all Equitas' remaining liabilities - now comprising some $7.8bn - to a new company which will finally allow Lloyd's Names to "sleep easily at night".
It is the final phase of Equitas' plans to shed its outstanding toxic liabilities and, if approved, the transfer will be "far and away the largest and most significant of its kind ever undertaken", the...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
