Paul Murray

Defendant's Response to Plaintiff's Motion for a Temporary Restraining Order in Rangers International Football Club Plc v. KRF Capital LLC, d.b.a. K Sports Capital, at the U.S. District Court for the Southern District of Florida.

Stirling Cooke Brown Holdings plans to change its name to Atlantic Star Insurance Group Limited as part a re-branding of the beleaguered broker. Shareholders will vote on the name change at the company's annual general meeting on May 23, according to the company's recent Proxy filing with the SEC.

Two applications have been filed at Bermuda Supreme Court recently in relation to an arbitration between Stirling Cooke Brown subsidiary Raydon Underwriting Management and Stockholm Re (Bermuda), which folded a few years ago.

Investors contemplating taking part in the $50 million IPO of Bermuda-based insurance broker/risk manager Stirling Cooke Brown Holdings Limited, which is 24 per cent owned by Goldman Sachs, may be interested in a few details they will not find in the company's share prospectus. Perhaps the most noteworthy is the involvement of its subsidiary Raydon Underwriting Management in one of the world's largest insurance frauds. Raydon, which shares offices with Stirling Cooke at Victoria Hall, Hamilton, had the dubious distinction of managing reinsurer North American Fidelity & Guarantee.