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Hardy fails to block appointment of Aneco liquidators

Aneco Reinsurance creditors have formally rejected an attempt by Aneco chairman Mark Hardy to block the appointment of liquidators from the accounting firm of Coopers and Lybrand. Attending their first meeting yesterday at the Chamber of Commerce, they voted overwhelmingly that C&L’s Peter Mitchell and Christopher Hughes be named joint liquidators of Aneco – formerly one of the leading underwriters of captive reinsurance business in Bermuda.