Bermuda resident Thomas Carr has lost an attempt to avoid being deposed by KPMG (Bermuda), which is seeking to avoid liability in a class action lawsuit concerning its audits of Bermuda reinsurer Annuity & Life Re (Holdings) Ltd.
Shortly after Carr’s Midstream Investments Ltd. was served with a deposition notice on April 25, 2007, the company applied for a protection order to prevent the deposition and also sought to withdraw as lead plaintiff in the action, which was initiated in 2003.
Topics
Bermuda Fraud Insurance Investment USAKeywords
Annuity & Life Re Cedarwood Management Services Communication Workers of America KPMG Midstream Investments Ltd.