Ken Dart

A civil racketeering lawsuit in which a Russian industrial firm was seeking $150 million against Cayman resident Ken Dart, Dart Management Inc. and two of its employees has been stayed pending a settlement.

Buyers of luxury property in Bermuda in 1997 include John Deuss, Reg Grundy, Britons Michael Butt, David Brown, and Ernest Stempel, First Cayman Bank liquidators defend size of fees, Ken Dart turned down for permanent residency in Cayman Islands, John Tugwell wanted to be Bank of Butterfield's Chairman, as well as CEO, say sources; Bermuda Sun newspaper to start publishing twice a week, Thomas Azzara's 'Tax Havens of the World' book contains several inaccuracies, nearly half of all births in Bermuda in 1996 were out of wedlock.

Reclusive billionaire Ken Dart has held secret talks with realtors, lawyers and bankers in the Cayman Islands with a view to a US$500 million that would involve dredging the North Sound Lagoon - and could signal the death of the world-renowned Stingray City tourist attraction.