Ghaith Pharaon

Stirling Cooke claims expected to exceed $750 m, says Bankruptcy Trustee

May 5, 2006

Potential claims arising from the fraudulent activities of a Bermuda based insurance broker's British subsidiary may exceed $750 million, says the firm's U. S. Bankruptcy Trustee.It means that Stirling Cooke Brown Insurance Brokers Ltd. committed “one of the largest frauds

Latin America Round Up: May 31, 2002

May 31, 2002

Corruption in Argentina Since it was founded in 1999, the Argentinean Anti Corruption Office has handled 1,784 cases that generated 489 complaints but none of them has produced a sentence. The last index by Transparency International — which classifies countries

Latin America Round-Up: November 30, 2001

November 30, 2001

Investigator finds links among different cases of corruption in Argentina The head of an anti money laundering commission in Argentina, Legislator Elisa Carrió, has linked apparently unconnected cases of corruption that have occurred during the past 15 years in a

Stirling Cooke’s share price drops like a stone amid more allegations of murky past

August 31, 1998

As the share price of Stirling Cooke Brown Holdings Limited continues to plummet for reasons that appear unrelated to the general market slide, Inside Bermuda has uncovered fresh evidence that casts an extraordinarily negative light over the company and its main business partner, the Clarendon insurance group.

BCCI liquidators awarded US$2.1 billion in damages

September 29, 1997

The Court of Appeals in the Cayman Islands has awarded damages of US$2.1 billion to the liquidators of BCCI-affiliate International Credit and Investment Company and ICIC-subsidiary Finance International and Investment Limited.

Over 100 BCCI-related lawsuits filed in Cayman, Crown Prince of Dubai among defendants

August 28, 1997

Lawyers acting for the liquidator of the Bank of Credit & Commerce International have swamped the Cayman court system by bringing over 100 lawsuits against people who borrowed money from the bank and foreign banks and insurers it did business with.A defendant in two of the actions brought at the Grand Court of the Cayman Islands is the Crown Prince of Dubai and the Minister of Defence for the United Arab Emirates, His Highness Shaikh Mohammad Bin Rashid Al Maktoum.

Pharaoh Holdings Limited, a company incorporated in the Commonwealth of the Bahamas v. Argentine Holdings (Cayman) Limited et al.

July 4, 1997

Pharaoh Holdings Limited, a company incorporated in the Commonwealth of the Bahamas vs. Argentine Holdings (Cayman) Limited et al. - Grand Court of the Cayman Islands

Pharaoh Holdings Limited, a company incorporated in the Commonwealth of the Bahamas v. Argentine Holdings (Cayman) Limited et al.(2)

July 4, 1997

Pharaoh Holdings Limited, a company incorporated in the Commonwealth of the Bahamas vs. Argentine Holdings (Cayman) Limited et al. - Grand Court of the Cayman Islands

Pharaoh Holdings Limited, a company incorporated in the Commonwealth of the Bahamas v. PHL Holdings Limited et al.

July 4, 1997

Pharaoh Holdings Limited, a company incorporated in the Commonwealth of the Bahamas vs. PHL Holdings Limited et al. - Grand Court of the Cayman Islands

Bank of Credit and Commerce International (Overseas) Ltd. (In Liquidation) and Bank of Credit and Commerce International S.A. (In Liquidation) v. Pharaoh Holdings Limited and Ghaith Rashad

June 25, 1997

Bank of Credit and Commerce International (Overseas) Ltd. (In Liquidation) and Bank of Credit and Commerce International S.A. (In Liquidation) vs. Pharaoh Holdings Limited and Ghaith Rashad Pharaon - Grand Court of the Cayman Islands

Bank of Credit and Commerce International (Overseas) Ltd. (In Liquidation) v. Pharaoh Holdings Limited et al.

June 25, 1997

Bank of Credit and Commerce International (Overseas) Ltd. (In Liquidation) vs. Pharaoh Holdings Limited et al. - Grand Court of the Cayman Islands

Bank of Credit & Commerce International (Overseas) Ltd. (In Liquidation) and Bank of Credit and Commerce International SA (In Liquidation) v. Lhasa Investments Limited et al.

April 30, 1996

Bank of Credit & Commerce International (Overseas) Ltd. (In Liquidation) and Bank of Credit and Commerce International SA (In Liquidation) vs. Lhasa Investments Limited et al. - Grand Court of the Cayman Islands

Bank of Credit and Commerce International (Overseas) Ltd. (In Liquidation) v. Ghaith R. Pharaon

November 3, 1992

Bank of Credit and Commerce International (Overseas) Ltd. (In Liquidation) vs. Ghaith R. Pharaon - Grand Court of the Cayman Islands

International Credit and Investment Co. (Overseas) Ltd. v. Shaikh Kamal Adnan et al.

October 28, 1992

International Credit and Investment Co. (Overseas) Ltd. vs. Shaikh Kamal Adnan et al. - Grand Court of the Cayman Islands