Sphere Drake Insurance Limited

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Sphere Drake Insurance Ltd.: Chapter 15 Petition (England)

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the United Kingdom by PRO Insurance Solutions Limited, as the Foreign Representative of Sphere Drake Insurance Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

ACE, Odyssey Re & others lose $175 m arbitration award hearing

A United States court has entered an order confirming a $175 million arbitration award in favor of an AIG-subsidiary against several insurers, including two that are based in Bermuda.The U. S. District Court for the Southern District of New York issued a judgment for American Home Assurance Company on September 21, 2006 - 16 days after the petition was filed.