Lloyd's Names may sue for 8bn pounds sterling compensation
Article Abstract:
The European Union is reviewing evidence from a group of Names at Lloyd's of London that the UK Dept of Trade and Industry did not properly monitor Lloyd's during the 1980s, when large amounts of business were being written. If the European Union finds in favour of the Names, it will present the case to the European Court of Justice.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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Claims Direct: Now it's a DTI inquiry as well
Article Abstract:
The UK Dept of Trade and Industry is to undertake an investigation into Claims Direct, the no-win, no-fee personal injury operator. This comes as the firm faces a hostile takeover bid from founders Colin Poole and Tony Sullman.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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Founder quits as insurer's rescue financing fails
Article Abstract:
Independent Insurance founder and Chief Executive Michael Bright has resigned following pressure from investors. The company has failed to gain investor support for a planned 200 million pounds sterling emergency rights issue.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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