Justin Williams

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Jurisdictions

Allegations

Lawsuits filed against Horizon Bank International

Four civil lawsuits have been filed in Bermuda against Horizon Bank International, which is licensed in St. Vincent & The Grenadines. The separate actions were filed at Bermuda Supreme Court  on December 7, 2004 by FX Bridge Limited, Transworld Management Consultants Corporation, International Monetary Services Inc., and Four Square Partners Inc.

Legal First: Bermuda court declares director ran company knowing it was insolvent

Former government tourism officer and failed travel agency boss Francis Purvey has become the first director of a Bermuda company to be adjudged to have carried on running a firm while he knew it to be insolvent.The Supreme Court has made a declaration that Mr. Purvey fraudulently traded as president and director of World Travel Advisors Ltd., a travel agency he set up in 1985 after leaving the Department of Tourism.