Credit Lyonnais Awaits U.S. Verdict

Article Abstract:

Lyon, France-based Credit Lyonnais, which was sued by California insurance regulators in 1999, will obtain a ruling on the case from U.S. District Court Judge Howard Matz. Credit Lyonnais was sued by the California Department of Insurance over bankrupt Los Angeles, Calif.-based Executive Life Insurance Co.

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French elite under lens in U.S. case

Article Abstract:

Credit Lyonnais S.A. is being sued by the California Department of Insurance for $3.7 billion in damages concerning an alleged fraud involving the Executive Life Insurance Co.

Police Protection, Legal/Government Regulation, Fraud, Company legal issue, California. Department of Insurance

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U.S. financier Black to testify against Credit Lyonnais

Article Abstract:

Leon Black testifies against Credit Lyonnais in a lawsuit by the California Department of Insurance in relation to the bailout of Executive Life Insurance.

California, Black, Leon

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