David Ezekiel

SEC v. Jason Sugarman: Judicial Assistance (David Ezekiel, Mark Waddington & Valor Group Ltd.)

September 23, 2022

Order "issuing letters rogatory for International Judicial Assistance to the Supreme Court of Bermuda, requesting assistance to compel the production of documents and oral examinations for use at trial of David Ezekiel and Mark Waddington, and the production of documents from Valor Group, Ltd." for an enforcement action regarding Jason Sugarman's "fraudulent scheme to steal $43 million from unwitting pension funds to finance the acquisition of a global financial conglomerate of European and Bermuda insurers, and investment advisers based in Virginia and Connecticut" in U.S. Securities and Exchange Commission v. Jason Sugarman at the U.S. District Court for the Southern District of New York.

VL Assurance (Bermuda) Ltd. et al: Chapter 15 Petition

April 12, 2021

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Michael Morrison and Mark Allitt, of KPMG Advisory, as the Foreign Representatives of VL Assurance (Bermuda) Ltd., Valor Group Ltd., and Valor Management Ltd., described as Bermuda companies that are part of a group that also includes companies in Barbados, Ireland, Liechtenstein, and the United States and which are "victims of activity perpetrated between 2013 and 2016 by Jason Sugarman - a former director of the VL Bermuda Debtor - and others, including Jason Galanis, that ultimately led to the insolvency of the VL Bermuda Debtors", filed at the U. S. Bankruptcy Court for the Southern District of New York.

Michelin Retirement Plan v. Dilworth Paxson LLP et al: Default Request

March 10, 2017

Plaintiffs' Request for Entry of Default as to defendant Valor Group Ltd. in The Michelin Retirement Plan and the Investment Committee of the Michelin Retirement Plan v. Dilworth Paxson, LLP, BFG Socially Responsible Investments, Ltd., Burnham Financial Group, Inc., Burnham Securities, Inc., COR Fund Advisors, LLC, GMT Duncan, LLC, Greenberg Traurig, LLP, Thorsdale Fiduciary and Guaranty Company Ltd., U.S. Bank National Association, Valor Group Ltd., Wakpamni Lake Community Corp., Wealth-Assurance AG, Wealth Assurance Private Client Corporation, Timothy B. Anderson, Jon Michael Burnham, Devon D. Archer, Bevan T. Cooney, Hugh Dunkerley, Jason W. Galanis, John P. Galanis, Gary T. Hirst, Frankie D. Hughes, and Michelle A. Morton at the U. S. District Court for the District of South Carolina.

Letter from Bermuda: Derrick Burgess Minister of Emigration

September 10, 2007

You can only feel sorry for Derrick Burgess, our Minister of Labour and Immigration. He's as dim as a 15 watt bulb. Limiting foreign workers to six year terms wasn't his idea. He inherited the Ministry a few months ago,

MRM sues John Hancock for allegedly causing its collapse

January 31, 2004

Mutual Risk Management has filed a lawsuit against one of the non-paying reinsurers that it blames for causing the cash-flow problems that led to the group's collapse. MRM is seeking compensatory and punitive damages against John Hancock Life Insurance Company, formerly John Hancock Mutual Life Insurance Company, of Boston, Massachusetts.

MRM subsidiaries to go into liquidation, judge criticizes Pennsylvania regulator

June 30, 2003

A Pennsylvania judge has criticized state insurance regulators in the United States and reinsurers for failing to save two property and casualty subsidiaries of Bermuda-based Mutual Risk Management. On June 26, Judge Mary Hannah Leavitt granted petitions from Pennsylvania Insurance Commissioner Diane Koken to liquidate Legion Insurance Co. and Villanova Insurance Co.

New lawsuit filed against Mutual Risk Management

May 31, 2003

One new civil complaint was filed against Mutual Risk Management in May - a month when the group announced a restructuring through a Scheme of Arrangement in an attempt to stave off liquidation.The action was brought by Stephen Friedberg against

MRM seeks protection at US Bankruptcy Court

February 28, 2003

Mutual Risk Management has filed a bankruptcy petition in the United States and is seeking an automatic stay of all of the legal proceedings that have been filed against it and a ban on new actions.

Mutual Risk Management finally files 2001 financials

November 30, 2002

At a time when Mutual Risk Management was desperate for cash to meet its liabilities, its then Chairman and CEO, Robert Mulderig, owed the firm an advance of $318,303, according to an SEC filing. Details of the debt, which has

Robert Mulderig replaced by David Ezekiel at MRM

November 5, 2002

Robert Mulderig has retired as Chairman and CEO of financially troubled Mutual Risk Management Ltd., effective November 1, 2002, according to an MRM filing with the SEC. He has been replaced by David Ezekiel, who is President and Managing Director

Scheme of arrangement for Bristol Re

December 21, 1993

International Advisory Services, Bermuda's largest independent insurance management company, says it is working on putting together a scheme of arrangement for Bristol Reinsurance Ltd, the property and marine commercial reinsurer it has managed since October 1991.