Christopher Henton

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Allegations

Stirling Cooke files to dismiss Odyssey Re lawsuit

Stirling Cooke Brown Holdings has filed a motion for early dismissal of the lawsuit brought in New York last month by Odyssey Re (London) Ltd. alleging racketeering and fraud."Our motion for early dismissal is Stirling Cooke's next step in aggressively

Stirling Cooke Brown Holdings in crisis

Serious questions about the future of Stirling Cooke Brown Holdings are being raised following the filing of a lawsuit in New York accusing the firm of racketeering and fraud and the collapse of its share price to an all-time low on NASDAQ. The company has also disclosed for the first time in its SEC filings that it is involved in several arbitrations in the UK and is also a defendant in seven different lawsuits that were filed last year by reinsurers and reinsureds claiming to have been defrauded.