Bermuda Registrar of Companies

Bermuda's Registrar of Companies has exercised its statutory powers to order an inspection of Sentinel Insurance Company Ltd., which is represented on the island by Bott and Associates.The inspection began after a successful application to the Bermuda Supreme Court on December 11, 2000 under Section 30 of The Insurance Act 1978 and Section 132 of The Companies Act 1981.

The barrage of litigation surrounding the collapse in January of BVI-registered Manhattan Investment Fund and the disappearance of nearly $500 million continued this month. Five lawsuits were filed at Bermuda Supreme Court during February to go along with the four that were filed at the same court the previous month and one in New York.