Richard Millett on issues in the Bermuda Fire & Marine case. Richard Millett is a barrister at Essex Court Chambers and represented the corporate defendants.
The Bermuda Fire & Marine Insurance Company used to be the island’s oldest insurance company. In 1993, it went into provisional liquidation with what was alleged by its liquidators, Ernst & Young, to be a deficiency of $450m. Almost all of its liabilities were contingent liabilities arising from its participation, between 1968 and 1983, on […]