Leamington Reinsurance Company Ltd.

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Spin doctors go to work after court judgment against Leamington Re

 Both sides were claiming victory after a recent court judgment regarding a dispute between Bermuda-domiciled Leamington Reinsurance Company Ltd. and a minority shareholder, Lisa SA."Pollo Campero Owners Nailed in Fraud Case," was the headline of a press release issued on September 10, 2008 by plaintiff Lisa SA. The first sentence read: "Last week a judge in Bermuda issued a major decision which found a reinsurance company owned by Guatemala's immensely powerful Bosch-Gutierrez business group (Multi-Inversiones) liable for fraud committed against a minority shareholder, confirming long-standing allegations made by the plaintiff in diverse related cases in international courts."