Stiftung Salle Modulable et al v. Butterfield Trust (Bermuda) Ltd.: Judgment
Judgment in Stiftung Salle Modulable and Rutli Stiftung v. Butterfield Trust (Bermuda) Limited at Bermuda Supreme Court.
Restructuring costs cuts into Corange’s profit
Bermuda-registered Corange Ltd, which owns German health care firm Boehringer Mannheim GmbH, said restructuring costs cut its 1993 profit to $105 million on sales of $3.217 billion, compared with a profit of $192.7 million on sales of $3.213 billion in 1992.
Corange’s legal battle is test case for personal trusts
Bermuda Supreme Court will today deliver a judgment that has pitted father against son and is expected to be something of a test case for personal trusts in Bermuda and, possibly, internationally.The decision by Justice Vincent Meerabux will also have significant implications for the future of one of the world's leading manufacturers of pharmaceutical and health care products, Bermuda-based Corange Ltd.